The insurance industry needs to "elevate" itself in terms of professionalism, brokers claimed at the recent Broker Expo hosted by COVER's sister title Insurance Age.
The seemingly "endless" list of industry qualifications such as the ISO22222 and the BS8577 are becoming a "cash cow" and are "unnecessary", says one adviser.
The IFA label represents an "irretrievably damaged brand" and should be "consigned to history", according to a pensions report released today.
The long-term care (LTC) sector will be "too niche" to benefit from an RDR-driven increase in specialist advisers, a long-term care specialist has said.
A qualification for advisers in the health and protection insurance sector has been launched by the Chartered Insurance Institute (CII).