Cookies on the PFS website

By using and browsing the PFS website, you consent to cookies being used in accordance with our policy. If you do not consent, you are always free to disable cookies if your browser permits, although doing so may interfere with your use of some of our sites or services. Find out more »

Personal Finance Society
Recently added to my basket
 
Sorry but there was an error adding this to your basket. Please try adding it again
 

Insurance Distribution Directive (IDD)

CII Policy Briefing

Briefing summarising the FCA implementation of the Insurance Distribution Directive including professionalism requirements.

  • The Insurance Distribution Directive (IDD) is revision of the Insurance Mediation Directive (IMD), which was introduced by the FSA in 2005. It will come into force in February 2018.
  • The IDD introduces a new requirement for those staff that sell, advise on and transact insurance contracts for all types of insurance customers.
  • Of particular importance is the requirement for all people within this scope to complete at least 15 hours of continuing professional development per year.
  • The FCA and HM Treasury have begun consulting on implementing the IDD in time for the in force date.

Pdf icon small  View the attached briefing »  

Comments

Please sign in to comment on this article