The FSSC is urging the IFA industry to go online and share their views on the QCF Level 4 (SCQF Level 8) benchmark qualification for investment advice that will be demanded of all investment IFAs by 2012. The consultation will run until November 13.
As the first stage of this consultation, the FSSC has published an online survey alongside details of the draft core units, which have been developed and agreed over recent weeks by an industry-led working group. The online survey will be open for an eight-week period from now until October 27.
In addition, the FSSC has finalised dates and venues for a series of face-to-face events across the UK in relation to the impending qualification changes.
The FSSC roadshow will begin on September 18 at the LSC in Birmingham, then at the Manchester Met University Business School on September 23, followed by the Jury’s Inn in Belfast on September 24. It will then go to the Jury’s Inn in Edinburgh on September 30, Express by Holiday Inn in Cardiff on October 7, then down to the FSSC headquarters in London on October 13, and ending at Leeds Financial Services on October 20.
FSSC director of skills and development Sarah Thwaites says: “This consultation is vital to help us gauge support levels for the draft core units agreed by the Professional Standards Advisory Group, and to identify any specific areas we need to review or develop further, before we propose final standards.
“We’re keen to hear from as many employers, individuals and representative groups as possible within the professional financial advice sector, and we will consider and respond to all recommendations and concerns raised.”