The number of chartered financial planners has doubled in the last three years, and by March 2013 there were 21,331 chartered members, the Chartered Insurance Institute said.
In a paper on the importance of being chartered, published today (31 May), the CII revealed there were 18,000 chartered members in 2009 and this has grown to 21,331 chartered members today.
By March 2013, there were 2,897 chartered insurance brokers, 14,921 chartered insurance practitioners, and 3,513 chartered financial planners.
By March 2013 there were 680 chartered firms.
This breaks down as 145 chartered insurance brokers, 22 chartered insurers and 502 chartered financial planning firms.
National advisory group Perspective announced earlier this month that a quarter of the advisers across the business have now achieved Chartered status, as it continues its drive towards level six.
The CII said that in an age of uncertainty and public concern over trust, chartered acts as a kitemark for quality and is widely recognised as something people can trust.
The CII said that in order for a an individual or a firm to call themselves chartered they have to meet strict qualifying criteria, including holding a professional CII qualification, having five years’ relevant industry experience, adhere to the CII code of ethics and be a CII or Personal Finance Society member.
