View more on these topics

Dumbing the depths

QUALIFICATIONS

I am sure I will not be alone when I say I found Robert Reid’s piece in Money Mark-eting last week on dumbing down somewhat condescending – if not even sour grapes.

I was under the impression that all exams had to be validated by some quango or another in order be certified as being level four, five, six or whatever, in which case, why would Aifa’s level five be less worthy than a CII level five? If Robert has a grouse, it must surely be with the validation authorities and not with Aifa. Is he next going to postulate that the “real” and original CFP is dumbing down?

I know Robert to be an extremely erudite and on-the-ball individual. He therefore cannot have failed to realise the depth of antipathy felt by many in the industry towards the CII. If he now feels that other organisations are threatening the lucrative income that the CII has enjoyed – can it be said – out of the discomfit and misery of others, then he surely knows the remedy. A more friendly face from the CII – without dumbing down – certainly would not go amiss.

Recommended

1

Rule of thumb

The sins of commission have never been more perfectly demonstrated than in the furore over recent reports of corporate advisers giving employers bundles of cash from commission that will be paid for by their staff’s pensions. Cashback can be a very handy facility, particularly when there are no ATMs around, but treating your employees’ pension […]

UK All companies funds witness £690m outflow

Funds in the UK All companies sector saw net outflows of nearly £690m in March according to the Investment Management Association, making the sector the least popular among retail investors. Net retail sales of £ corporate bonds funds meanwhile moved back into positive territory in March, with the sector seeing a £62.5m inflow of funds. […]

Indian market rallies as Modi's popularity strengthens

Kunal Desai, manager of the Neptune India Fund, comments on the implications of the BJP’s historic election win in India’s most populous state, Uttar Pradesh. Read the full article here Important Information – for investment professionals only. Not for retail clients.  Investment risks  The Neptune India Fund may have a high volatility rating and past […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com