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Another increase in adviser numbers for AFPC

The number of IFAs completing the Advanced Financial Planning Certificate has increased for the second consecutive exam session, according to the CII.

A total of 343 advisers completed the three exams required to be awarded the AFPC following the April 2002 exam sessions, up from 304 who finished the work at last year&#39s October session. This in turn was an increase from the 295 who completed the exams in April last year.

Overall pass rates for the AFPC also increased to 42 per cent from 36 per cent on the April 2001 session.

Candidates who successfully complete the AFPC are eligible to apply for membership of Sofa and use membership designation MSFA.

Once candidates have achieved the AFPC, they can then go on to complete further exams such as the Associateship membership and Fellowship.

Sofa managing director Brian Lawless says: “At a time when the spotlight is on the need for financial advisers to demonstrate professional commitment above the regulatory minimum, it is particularly encouraging to see the number of people completing the AFPC increase.”


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