CII returns to historic local institute funding model

The model's reinstatement was confirmed on Wednesday (15 December) and seeks to "equitably" share the £1.5m in available funds as a payment over the summer months, based on the annual assessment completed by each local institute's members. Earlier this year, the CII switched to a revised funding proposal for 2021 when faced with lower operating costs as a result of the pandemic. The revised funding model would "allow for rapid financial recovery while also ensuring that the CII could continue to invest in and develop its membership proposition for the future," said Sian Fisher, chief exe...