RDR: FSA publishes final list of approved qualifications
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The FSA has today published the final list of RDR compliant qualifications.
All existing advisers must gain QCF level four qualifications by December 31, 2012 to continue practicing under the RDR.
The FSA is consulting on whether advisers will also be required to hold a statement of professional standing confirming that they are qualified to give advice, have kept their knowledge up-to-date and subscribe to a code of ethics.
FSA director of conduct policy Sheila Nicoll says: “From January 2013, customers will be in a position to know that anyone registered with the FSA to give retail investment advice is fully qualified to do so and any recommendations will be made solely in the interests of the customer.”
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