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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.

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