The Chartered Insurance Institute (CII) Group has announced that it will be conducting a widespread membership consultation around all aspects of the CII’s membership offering, with a particular focus on achieving even greater recognition of the professionalism in the insurance and personal finance sector.
Join us at 16:30 on Tuesday 2 November for the Personal Finance Awards as we recognise and celebrate outstanding individuals and firms who strive to deliver exceptional consumer outcomes within the financial planning profession.
Financial advisers believe personal skills are the most important competency requirement for fresh entrants to the profession. Having the right attributes for successful social interaction is the key skill for those entering the profession, according to 70% of PFS members who responded to a social media poll in June.
The CII has written to members to provide an update on the CII’s changes in response to Financial Conduct Authority (FCA) announcements on pension transfer qualification requirements. Many advisers working in pension transfer activities already meet these requirements but it is important that you review these if you are unsure.
The PFS has responded to the government’s care funding plan announcement in September. Matthew Connell, director of policy and public affairs at the PFS, said: “For far too long a solution to fix the care funding crisis was kicked into the long grass by past governments resulting in far too many people’s lifetime savings being obliterated by their care needs.