New alliance to enhance professionalism in financial services

Three leading Chartered professional bodies have joined forces to enhance and sustain the level of professionalism and trust in the financial services sector

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CISI CEO Simon Culhane, Chartered FCSI; CEO of Chartered Insurance Institute, Sian Fisher; and CEO of Chartered Banker Institute, Simon Thompson
The Chartered Institute for Securities & Investment, the Chartered Insurance Institute and the Chartered Banker Institute have launched the Chartered Body Alliance (the Alliance), to help consumers recognise the benefits of engaging with qualified sector professionals.

While retaining their own identity, governance and areas of expertise, members of the Alliance have published the Chartered Body Commitment, stating how they will work together to achieve greater public benefit by raising professionalism and trust across financial services and promoting high standards across the sector.

Chartered Body Alliance

Under a common brand, members of the Alliance will embark on a range of initiatives, including jointly promoting the importance of professional status, explaining how their respective qualifications represent the 'gold standard' across the sector, hosting joint events, and seeking to respond with a united voice to sector consultations that affect members across all three professional bodies.

While the activities of each body focus on different areas of financial services, between them they cover a wide range of activities including wealth management, insurance, financial planning, banking and capital market activities. 

The Alliance’s joint membership of almost 200,000 professionals have much in common, and by working together can demonstrate a substantial collective commitment to enhancing professionalism and improving public confidence and trust in financial services.

Chief Executive of the Chartered Institute for Securities & Investment, Simon Culhane, Chartered FCSI

“We are delighted to be one of the three core participating professional bodies in this important initiative. We want consumers to be reassured when they interact with a member of a Chartered Body, and recognise that these individuals have the right knowledge and skills, and adhere to high standards of integrity. Chartered or Certified designations possessed by Alliance members are a mark of authenticity, quality, reliability and trust.”

Chief Executive of the Chartered Insurance Institute, Sian Fisher“This alliance is all about inspiring public confidence and trust in professional standards, fitting perfectly with the CII’s recently launched Strategic Manifesto. I am looking forward to working with other Chartered professional bodies, as well as with our combined network of members, to develop a united voice for promoting professionalism and improving public trust and confidence in the financial services sector.”

Chief Executive of the Chartered Banker Institute, Simon Thompson“We are delighted to be one of the founding members of the Chartered Body Alliance. I believe that having three of the leading professional bodies in financial services working more closely together will help to enhance and sustain professionalism in financial services and lead to an improvement in public confidence and trust, and to a renewed sense of pride within the profession.”

For further information please contact

Chartered Institute for Securities & Investment
Lora Benson, Head of Media
lora.benson@cisi.org
Office: 0207 645 0662
Mobile: 07801 521034

Chartered Insurance Institute
Joe Tauriello, Media Relations Executive
joe.tauriello@thepfs.org
Office: 0207 417 4765
Mobile: 07538 258285

Chartered Banker Institute
Matthew Ball, Head of Public Affairs, Policy & Communications
matthew.ball@charteredbanker.com
Mobile: 07720 684226


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Published: 01 Mar 2017
Categories:
  • Wealth Management
  • News
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