CII

The issues surrounding the new professionalism requirements

IFA consolidator Perspective Financial Group is encouraging its firms to pursue chartered status as it believes the mark will represent the next step toward professionalism after RDR.

The CII has batted away suggestions it sought to profit from the RDR, saying measures it has taken to help advisers meet its qualification requirements have only marginally upped revenues.

The "most arduous" thing qualified advisers are likely to have to do to be RDR compliant by 1 January 2013 is "read a chapter in a textbook", the CII says.

Bronek Masojada, the chief executive of Hiscox has called for a separate trade body to represent the interests of general insurance from those of the life and savings sector.

Advisers say the CF8 exam does not give IFAs a full enough grasp of the long term care market.

The Chartered Insurance Institute (CII) and the Personal Finance Society (PFS) will publish a 'plain English' version of the FSA's RDR guidance next year, because it says many advisers are still 'very unsure' about how to comply with the new rules.

The Chartered Insurance Institute (CII) has launched a new virtual classroom to help advisers working towards a Diploma in Regulated Financial Planning.

Online trainer WizardLearning.com has launched a range of learning tools helping advisers taking the new CII Diploma in Regulated Financial Planning.

The Institute of Financial Planning (IFP) has outlined a blueprint for challenging the CII's market dominance, with plans to offer a level four qualification and produce a financial planning register for ‘Formula One' firms.