Richard Blackshaw IFA sole trader Richard Blackshaw says after signing up for the CII diploma he was told he will be charged a £20 administration fee because his CeMAP, which he obtained in 2005, was awarded by the ifs School of Finance and not the CII.
Blackshaw says: “Why are they charging me so much money just to be put on their system? I think it stinks. This is just a charge for the sake of it – these companies are making a fortune out of us.”
A CII spokeswoman says non-CII exams have to be verified and checked for quality and where exams are less well-known than CeMAP the fee can be higher.
She adds: “An admin fee of £20 is reasonable.”