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.