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FCA’s plan to scrap 15-hour CPD faces backlash

Matthew Hill

Four out of five insurance professionals believe the Financial Conduct Authority’s plan to scrap its 15-hour minimum annual continuous professional development requirement would harm the profession’s reputation, according to a Chartered Insurance Institute survey.

The FCA’s consultation on simplifying insurance rules (CP25/12) closes today (2 July), and out of 582 CII members surveyed in the last week, 80% felt public perception of the sector would suffer if

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