View more on these topics

FSSC launches elderly care qualification for advisers

The Financial Services Skills Council has launched a new national quality standard for financial advisers working with older clients.

The Later Life Adviser Accreditation Scheme, which has been developed in conjunction with financial services consultancy SVARfair, is intended for advisers with a high level of competence in dealing with the older client market.

Building on the FSA’s CF8 requirement, the accreditation recognises the enhanced level of skills, knowledge and empathy that advisers need to work specifically with older clients.

To achieve the FSSC standard, advisers need to have CF8, be able to demonstrate their abilities through work-based assessment, work within a supportive environment, and complete an annual continuing professional development programme.

Age Concern financial services policy adviser Jane Vass says: “We warmly welcome the Later Life Adviser Accreditation scheme as a way of recognising financial advisers with the specialist skills and knowledge needed to deal with older clients.”

Just Retirement is the primary development sponsor and Partnership Assurance also supports the scheme.

Recommended

Cash in on volatility

Too many people have nearly all their money on deposit with banks and building societies. It is sensible to keep an emergency fund in cash but equities have shown the best returns over the medium to long term if run by the top managers.

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