CII rising star group calls for mandatory adviser qualifications

Targeted at helping customers receive best advice

Hemma Visavadia
clock • 1 min read
CII rising star group calls for mandatory adviser qualifications

The Chartered Insurance Institute’s (CII) New Generation Insurance Broking Group has called on the Financial Conduct Authority (FCA) to make it mandatory to have qualifications before being able to advise clients on cover.

The CII's rising star's group recently published a report which found that a knowledge gap exists within the broking profession that can have a direct impact on the level of customer advice. The group concluded that by having mandatory qualification requirements or a minimum number of years' experience for insurance brokers, customers will ultimately be able to reap the benefits of consistent, regulated advice. The report also follows the CII's member consultation which showed that six ...

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