On 1 April 2013 insurance brokers faced a new regulatory dawn as the baton passed from the Financial Services Authority to the Financial Conduct Authority.
A motion requesting an independent review into the financial strength of the Chartered Insurance Institute (CII) has been rejected. The vote took place at the professional body’s annual generation meeting (AGM) yesterday (4 October).
Branko Ltd principal Branko Bjelobaba and Evolve director Grant Scott have repeated calls for an independent financial review of the Chartered Insurance Institute (CII).
The Chartered Insurance Institute will transfer £10m of funds from the Personal Finance Society (PFS) to an account controlled by the latter. The announcement was made by PFS president Sarah Lord on 20 September at the professional body's annual general meeting (AGM).
Branko Ltd principal Branko Bjelobaba has tabled a motion requesting an independent review into the financial strength of the Chartered Insurance Institute (CII).