IFP to offer QCF level four qualification later this year
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The Institute of Financial Planning says it plans to offer a QCF level four qualification for advisers.
IFP chief executive Nick Cann says the professional body has decided to push ahead with plans to offer the qualification later this year. The proposal was agreed upon at an IFP meeting yesterday afternoon.
Cann says: “It is important that IFP members can access all aspects of their career development from their professional body”.
Aifa recently announced plans to launch a QCF level five qualification that gives advisers an alternative case-study route to meet the retail distribution review requirements. It is working with the Chartered Institute of Bankers in Scotland and BPP Learning Media to offer the new diploma in investment planning.
The Chartered Insurance Institute has also recently revealed its proposed QCF level 4 qualification in regulated financial planning, aimed at new and existing advisers and incorporating multiple-choice questions and case histories.
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Readers' comments (2)
terry | 12 May 2010 9:14 am
Do we really need another route or is this just cash collecting.
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Michael McNulty | 12 May 2010 10:30 am
Just cash collecting and jobs for the boys (and girls).
I hold the CeRGI, the Advanced CeMAP and the Cert PFS. After 30 years experience in the industry, first as a tied agent with a life company dealing with pensions, investments and all life products, and now specialising in mortgages, loans equity release and general insurance business - apart from the personal challenge of proving my ability to reach level 4- why do I need yet another qualification?
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