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CII sticks with U-turn on exam packages

CII sticks with U-turn on exam packages

The Chartered Insurance Institute has stuck with its decision to scrap "all-inclusive packages" for its exams.

Earlier this year the CII made changes, which meant when signing up to take an exam, individuals also got a study text and access to the CII's online study tool, RevisionMate.

But this was criticised for limiting study choices and the CII decided to perform a U-turn while it consulted with its wider membership.

Keith Richards, chief executive of the Personal Finance Society, said: "We are leaving things as they are at the moment as we continue to engage with the membership."

As part of the changes candidates would only be able to sign up for the exam alone and not receive the study text if they were taking a resit or if they already owned the study text.

The changes also would have meant face-to-face training would be delivered through the CII's regional network of 58 local institutes.

But in January after criticism the CII said it was "never too big" to listen to valid feedback and said it would allow exam entry to be purchased separately to the combined package again while it consulted with its wider membership and other "key stakeholders".

The change will affected the Diploma in Regulated Financial Planning units (R01-6) and the Advanced Diploma in Financial Planning units (AF1-4).

damian.fantato@ft.com