Compliance specialist and Fellow of the Chartered Insurance Institute (CII) Branko Bjelobaba has tabled a motion at its upcoming annual general meeting (AGM) calling for an independent review of the professional body’s financial strength.
Bjelobaba, principal at compliance consultancy Branko, said there had been "much discussion" about the CII's financial position and its members needed "very straight answers to very straightforward questions". The CII is due to hold its AGM at 3pm on 4 October. Questions over the body's financial position have been raised since the Personal Finance Society (PFS) released its full-year accounts earlier this year. The accounts showed some £20m in PFS member revenue was held in CII cash reserves. Writing on LinkedIn, Bjelobaba said: "There has been much discussion regarding the financial...
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