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IFAP offers guide to exams

IFA Promotion is offering a free guide to qualifications.

It says professionalism is under the regulator&#39s spotlight and many IFAs will want to enhance their qualifications.

The guide, sponsored by National Savings & Investments, gives detailed information on 22 qualifications that IFAs can get from nine exam bodies.

Subjects include pensions, investments and mortgages.

The exam bodies involved are the CII, the Chartered Institute of Bankers in Scotland, the Institute of Financial Planning, the Institute of Financial Services, the LIA, the Pensions Management Institute, the Securities Institute, Sofa and the UK Society of Investment Professionals.

The guide will be distributed with copies of IFAP&#39s monthly newsletter to over 10,000 members.

Marketing manager Karen Barrett says: “The know-ledge, skills and expertise of IFAs is under scrutiny because of consumer demand for quality and the market&#39s own Raising Standards initiatives.

“Recent reviews such as Sandler and the FSA review into approved examinations illustrate they are keen to ensure that the degree of complexity of the advisory process is accurately represented in the exams taken.

“The passing of incremental qualifications further demonstrates a belief in the value of independent advice and the future of success of advice.”

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