Next steps: Inside how CII is giving Chartered status for experience

‘We want there to be an inclusive pathway to membership’

Hope Coumbe
clock • 3 min read

In the year since the Chartered Insurance Institute (CII) announced it would trial awarding Chartered status based on experience rather than taking exams, six CII adviser members have had their membership status upgraded, Professional Adviser can reveal.

The CII confirmed to PA that six advisers have been upgraded from Level 4 to Chartered status, while another two general insurer members have been awarded CII Fellowship. The moves are the result of the institute's 12-month pilot programme to trial a new approach to membership based on exclusively on professional experience. The pilot was first announced last March and caused significant uproar across the industry. Advisers cited unfair treatment, with many pointing to the outlay in cost and time spent on the traditional exams-based route. Concern was also raised around the optics ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Advisers warned 22% of clients could be vulnerable

Advisers warned 22% of clients could be vulnerable

Vulnerability support said to be a key advice hurdle

Sahar Nazir
clock 11 September 2024 • 2 min read
SimplyBiz: Advisers facing heightened regulatory scrutiny

SimplyBiz: Advisers facing heightened regulatory scrutiny

The latest from PA’s Digital Working Lunch webinar series

Sahar Nazir
clock 11 September 2024 • 3 min read
FCA 'considering' extending SDR flexibility to portfolio management

FCA 'considering' extending SDR flexibility to portfolio management

FCA mulling a four-month extension

Cristian Angeloni
clock 10 September 2024 • 1 min read