80% of insurance professionals oppose FCA CPD changes

Since 2018, brokers advising on non-investment insurance had a minimum requirement of 15-hours of CPD specifically about insurance products. The proposed changes in the "simplifying insurance rules" consultation aim to scrap this minimum requirement. The CII research showed that 80% of its members believed the "public perception of the insurance profession will suffer" should the changes come into force. Of those surveyed, 83% said that "undertaking CPD is essential for me to be viewed as a professional by my clients or customers". Matthew Hill, chief executive, CII Group, said...