Chartered adviser numbers swell 24% on last year

The number of financial advisers with chartered status has increased 24% year on year, according to a document released by the Chartered Institute of Insurance (CII) today.

The Importance of Being Chartered revealed an increase in advisers with the chartered qualification from 2,839 in March 2012 to 3,513 in March this year. It also revealed that the number of chartered financial planning firms has increased to 502, up 25% from 404 on this time last year. The report also emphasised the importance of this status to consumers. When polled, 89% of professionals with chartered status thought that being chartered had enhanced their clients' perception of them. And when questioned separately in research conducted with Opinion (and cited in the report), 86% ...