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IFAs achieve 95 per cent A-day pass rate

Just under 95 per cent of candidates sitting the first Pensions Simplification Update Programme examination achieved a pass, according to the CII.

Results issued this week to candidates who sat the exam in April reveal that 288 passed the exam unit. The CII has already received a further 2000 entries for the remaining exam sessions this year.

The Update Programme was launched in February to help advisers prepare for the new pensions simplification regime that comes into effect on A-Day in April 2006.

CII qualifications and compliance manager Paul Turner said: The level of interest coupled with the outstanding exam results is a clear indication that advisers are fully committed to making sure that their pensions knowledge is up to date.”


Barclays takeover of Absa to change SA banking landscape

Standard & Poor have said the Barclays acquisition of Absa could change the competitive landscape of the South African banking sector.If the partial takeover is completed, the acquisition of up to 60 per cent in Absa would result in Barclays re-entering the sector in South Africa and would become the countrys largest international player.Standard & […]


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