CII backs OECD financial capability proposals
The CII Group has endorsed the call by the Organisation for Economic Cooperation and Development (OECD) for governments and industry to invest more in financial capability for insurance.
In their report on improving consumer understanding in insurance, the OECD outlines specific measures that the industry and other organisations can put into effect to make financial capability central to their work.
David Thomson, director of policy and public affairs at the CII, has welcomed these proposals: "The UK is well placed on many of the report's indicators, but we all need to do more to help consumers better understand risks and take appropriate action. As a body with the remit to
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