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CII overhauls qualifications in line with pension freedoms

The Chartered Insurance Institute is revamping courses for advisers ahead of the pension freedoms coming into force in April.

The new elements will be available to qualified advisers, as well as those currently enrolled in CII courses. The professional body is also updating existing pensions-specific and related exam units and learning materials to reflect the reforms.

The CII hopes to have updated courses and a “bridging unit” available almost immediately after the rules around the reforms are implemented.

A CII spoksema says: “There is a constant process of evolving qualifications and making sure that the units and the questions are being brought up to date.

“But because the changes to the pension regime are more significant there is more work to do in that space this year.

“When we start to see the final rules it will all start to fill out, but we have a fair degree of the content in terms of what has been published thus far.”

Fairstone Financial Management IFA Ray Tammam says: “Anything that improves knowledge, especially if it is easily accessible, and can serve as a bit of a one-stop shop, has to be a good thing.”

Hargreaves Lansdown chartered financial planner Danny Cox adds: “The CII have done this pretty regularly over the years, developing additional study material to help advisers bring themselves up to speed on new issues and reforms.”

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Comments

There are 4 comments at the moment, we would love to hear your opinion too.

  1. So why don’t the CII suspend the April sitting of AF3, provide those candidates free of charge with the bridging content and transfer them to the October sitting.

    Or is this just a little too philanthropic for the CII

  2. I agree with Dr D. I have put off AF3 until Oct at the earliest and my apprentice has put off R04 until after the CII update RO4 i.e normally summer, while guides will be giving advice, sorry I mean guidance from April and well be saying, sorry we want to wait until we have guidance from the CII and everything in leymans terms so we can explain it to clients and customers. Just over a month to go and nothing is final, but come 6th April the floodgates could open and the liberation vultures will be sitting waiting.

  3. Does G60 not stand up to scratch anymore? Thought that was the benchmark for any pension stuff!

  4. Jabba, G60 is not a current qual, new ones are all AF i.e. AF3 is equivalent to G60, but if U have G60 you need GAP fill probably for up to date CPD.

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