FCA defends decision to ditch insurance CPD
The Financial Conduct Authority has responded to concerns that if it pushes ahead with the proposal to ditch the requirement for 15 hours of continuous professional development a year there could be an uptick in the number of insurance employees lacking the know-how to ensure suitable outcomes for customers.
Last week the regulator kicked off the British Insurance Brokers’ Association’s conference by outlining plans to ditch “outdated and duplicated requirements”, including removing the specified minimum
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