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Briefs

Do you think the Financial Planning Certificate should be overhauled to include more emphasis on investment products?

"Yes. My personal opinion is that the FPC is underweight."

John Graham, Taylor Graham Financial Planning

"I think the FPC should be completely overhauled because it bears no resemblance to what happens in the day-to-day running of the industry. There should be modular sections on investment, mortgages, protection and pensions."

Jim Harrison, A James Financial

"No, I don&#39t think so. The first one is basically for new entrants where they should be concentrating on life insurance."

Laurence Halter, Compton Financial Services

"The FPC should be more technical. The level of knowledge required to pass is not fantastic. The exam should be harder."

Roy King, Roy King Insurance and Financial Services

"Yes. The exam is far too biased towards life insur ance but unit trusts and investment trusts are the major investment vehicles."

Alyn Beattie, A Beattie Financial Management

"As a basic yardstick, the FPC is not bad although it could include a bit more on lump-sum investments."

Bill Gregson, WP Gregson

"Almost 30 per cent of FPC questions relate to mortgages yet many IFAs do not deal with them. I think the exam formula should be less of a speed test and take experience into consideration."

Peter Markham, Peter Markham Independent Financial Advisers

YES 89%

NO 11%

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