CII Introduction: enhancing financialcapability and providing for an ageingpopulation are two of the biggestchallenges facing the financial servicesindustry today. Thus far, the approach totackling these issues has been relativelydisjointed, considering each problemindividually. In this latest...

CII Introduction: People are living longer and with this come increased costs of pensions, health and social care. Is the financial services industry as it is currently configured capable of supporting consumers in this difficult environment? How will it meet the needs of those who are often...

The ageing population and its impact on financial services and insurance was the subject of a recent Thinkpiece by Jane Vass of Age Concern. However what about the impact of rising migration that also seems likely for Europe in the coming decades? How important will immigration be in picking up...

Why are British bank branches run so differently—and often much less efficiently—than their international counterparts? Why is it that it has been nearly ten years since the last major innovation in that area? Banking expert David Cavell takes a hard look at the present situation, and argues...

The Chartered Insurance Institute is the world’s leading professional body for insurance and financial services with 95,000 members in more than 150 countries. We are committed to protecting the public interest by maintaining the highest standards of professional and technical competence and...

In December, delegations from 192 countries will hold two weeks of talks in Copenhagen aimed at establishing a new global treaty on climate change. Six months after the publication of its third major report on climate change and insurance, ‘Coping with Climate Change: Risks and opportunities...

The deterioration in the financial climate over the past12 months has eroded consumers’ confidence in theirown financial security, with 58% of consumers eitherdisagreeing (33%) or disagreeing strongly (25%) thatthey feel more financially secure.This can be attributed, to some extent, to...

This paper sets out the CII’s conception of an Independent Professional Standards Board (IPSB). It reviews the proposal as it stands now, takes a critical look at some of the myths that have developed about it, sets out what a possible model IPSB might look like in the future, and explains the...

The CII welcomes the Retail Distribution Review and believes that the proposed increase in standards will produce important benefits for the sector and consumers, in particular increased professionalism and a reduced risk of consumer detriment.The CII also welcomes the FSA’s desire to create a...

Open Road strongly endorses the move towards professionalism being led by CII. This is essential both in the public interest, and in the interests of CII members and the insurance and financial services industry generally. In summary the recommendations fall into six principal areas.[...]