The following article is very interesting on why people in the insurance industry which includes independent financial advisors are disciplined http://www.moneymarketing.co.uk/supplements/careers-brief/cii-takes-action-over-cpd-failings/1069190.article One matter which I find interesting is the fact that none of them were subject to FSA investigations which led to formal disciplinary action from the FSA which then led to the CII taking action. With all of the billions of pounds worth of miss-selling of payment protection insurance you would think that would be a significant source of disciplinary action.rnrnThis information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.rn