View more on these topics

FSA consults on giving accredited body status to ICAEW and PMI

The FSA is consulting on whether to award accredited body status to the Institute of Chartered Accountants in England and Wales and the Pensions Management Institute.

In the RDR professionalism paper, published in January, the regulator announced there would be an enhanced role for accredited bodies and it set out how bodies could apply for accredited status.

The paper stated accredited bodies would need to show it would act in the public’s interest, carry out effective verification services., have suitable systems and controls in place and to cooperate with the FSA regularly.

So far the regulator has awarded accreditation status to the CFA Society of the UK, the Chartered Institute for Securities and Investment, the Chartered Institute of Bankers in Scotland, the Chartered insurance Institute, the Institute of Financial Planning and the Institute of Financial Services.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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