The FSA has released a CD training programme for IFAs aimed at improving understanding of compliance issues amongst intermediaries.
The programme, “Compliance Essentials for Financial Advisers,” is aimed at both new IFAs and experienced practitioners.
A supervision officer and IFA talk about the key principles underpinning compliance requirements, common problems found by supervision staff during visits and practical ways to demonstrate compliance.
In addition, the disc includes eight separate modules covering topics like assessing a client's risk profile, the suitability letter and continuing professional development.
The regulator is charging £38 per copy for one to five copies and £35 per copy for six to fifty copies.