The Chartered Insurance coverage Institute has no plans to change its Steady Skilled Growth expectations for members in gentle of the Monetary Conduct Authority’s proposal to finish the required minimal hours of coaching and improvement required for insurance coverage workers.
The FCA revealed the proposal final month in its suggestions assertion on speedy areas for motion and additional plans after the introduction of the Shopper Obligation.
The scrapping of the minimal hours will probably be consulted on this summer time.
Questioned on the step, a spokesperson for the CII instructed Insurance coverage Age: “Being an insurance coverage skilled is a extremely accountable and demanding position, which ought to be supported by each skilled and regulatory requirements.”
And careworn: “The FCA’s requirement for people
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