View more on these topics

Attivo to require all advisers and paraplanners to take level 6 qualification

Chartered firm Attivo will require all of its advisers and paraplanners to be qualified to level 6 by the end of 2016.

The financial planning and investment management group is launching a training academy and will require all client-facing staff to do at least 70 hours of continuing professional development each year.

Attivo currently has eight advisers and five paraplanners, around half of which are qualified to level 6.

It is currently recruiting and plans to increase staff numbers to 25 advisers and 15 paraplanners by the end of the year.

All of these will need to be level 6 qualified by the end of next year.

The firm is also requiring all staff members, whether client facing or not, to go through the academy and do 70 hours of training a year.

An Attivo spokeswoman says: “All staff members will have individual training plans depending on their career plans and professional development needs.”

Attivo chief executive Stephen Harper says: “The regulator has been steadily encouraging the industry towards higher qualifications and better awareness of client needs.

“The academy will provide a thorough grounding in all aspects of financial planning and advice provision and will be open to all staff who have a role in the client experience – not just planners and paraplanners but also the business-critical client engagement team and other support staff.

“Very few larger advice brands are willing to devote a significant sum to develop their people.”

The academy will run individual and group-training sessions across a range of technical and issue-led subjects delivered by internal and external specialists. Training will be a combination of online and face-to-face training in Attivo’s head office in Cheltenham.


Christine Lagarde 2013 700x450.jpg

IMF knocks back Greek hopes of loan extension

The International Monetary Fund has rejected requests from Greece to extend the deadlines on loan repayments, according to reports. IMF managing director Christine Lagarde said yesterday that Greek ministers should instead focus on restructuring the debt-ridden nation’s economy rather than seeking an extension, the Wall Street Journal reports. “It’s clearly not a course of action […]


Lenders warned over TCF after FOS maximum mortgage age ruling

Mortgage lenders could fall foul of treating customers fairly rules if they apply generic lending criteria following a Financial Ombudsman Service ruling against HSBC, experts warn. The FOS has upheld a complaint against the bank for unfairly rejecting a mortgage application on the grounds of age in the first case of its kind. A couple in […]


7IM offers direct platform for orphan clients

7IM has launched a direct platform for orphan clients who no longer have an adviser. The wealth manager says it was seeing demand from orphan clients and did not want to turn them away if they ceased to have a relationship with their adviser. The fee structure is the same as for its advised clients, […]

Introducing Trevor Greetham

Ryan Medlock, Investment Proposition Manager, Royal London Royal London Asset Management’s (RLAM) new head of multi-asset is officially up and running. I want to look at what expertise Trevor brings to the table and how this affects the Governed Portfolios (GPs) and Governed Retirement Income Portfolios (GRIPs). Trevor Greetham joined RLAM in April 2015 from […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm