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...

A starting point to any understanding of British professions in the twenty-first century is an appreciation of what it has meant to be a profession up to this point.This is no easy task. There is no single, generally accepted definition of ‘profession’ in the English language. The term has...

The CII’s position paper no.1 (‘A professional body forretail financial services?’), published in October, set outan overview of the possible professional response to theFSA’s Retail Distribution Review and to the challenge ofestablishing, against the background of more...

The subprime crisis which hit the United States in summer 2007 and morphed into a full blow global financial upheaval in autumn 2008 has taken a heavy toll on the insurance industry. Some industry players with significant financial markets and banking operations were seriously damaged by the...

The existing literature acknowledges that a mismatch between the experimenter'sand the subjects' models of an experimental task can adversely aect the interpretation ofdata from laboratory experiments. We discuss why the two common experimental designs(between-subjects and within-subjects) used...

Vertrauen hat Konjunktur. Seit etlichen Jahren ist es en vogue, Vertrauen einzufordern. Politiker fordern das Vertrauen der Wähler und konstatieren konsterniert,dass sie das Vertrauen der Wähler verloren haben (Der Spiegel Nr. 26;2004: 24, Müntefering: Uns ist das Vertrauen der Menschen...