CII says no to training levy

David Thomson, director of policy & public affairs at the Chartered Insurance Institute has said in a letter in the FT that insurers already self-fund training and do not need government training levies.

He writes: “There is little or no public funding, and the industry, supported by professional bodies such as ourselves, provides the infrastructure, capacity and leadership to drive skills to support future growth.

“Perhaps this self-funded employer-led model might be a better option for the financial services and other business sectors than options like levies for this government to pursue in its attempt to prioritise future skills funding to support recovery?”