Analysis

Briefing: Maintaining competence is key in driving up standards of professionalism

By 2025-06-04T10:00:00

Adam Harper, CII

The Chartered Insurance Institute’s executive director of strategy, advocacy and professional standards, Adam Harper, questions FCA proposals scrapping CPD requirements for insurance staff

Last month (May 2025), the FCA issued its consultation paper entitled Simplifying the insurance rules (CP25/12), which outlined proposals that are “intended to ensure the delivery of proportionate regulation that removes barriers to innovation and promotes effective competition in the insurance market in the interests of consumers”.

Among the proposals that the FCA is consulting on is one that relates to training and competency requirements. Here, the FCA is exploring removing the regulatory requirement for people working in general insurance to complete 15 hours of ongoing training every year.

When the Chartered Insurance Institute (CII) first read this, we wondered initially whether the regulator was having second thoughts about the value of education and training.

Read more…

Explore more talent related content here, or discover more briefing articles here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.