The academy will offer advisers a range of heavily subsidised benefits and study assistance with members free to pick and choose as little or as much as they want.
With less than three years to go until the RDR is introduced, the academy is designed to help small firms struggling with the costs associated with meeting the FSA’s requirements.
Money Marketing is in talks with a number of providers to help fund the academy to enable support, ranging from text books to residential training, to be offered for free or at a significant discount.
Although it is possible that changes could be made to the RDR, the direction is clear. Levels of training and professionalism will have to increase.
Launching the academy is part of Money Marketing’s commitment to our readers to help ensure as many IFAs as possible are still practising after 2012.
Anyone wanting to register their interest in joining the academy should email firstname.lastname@example.org.
Any companies interested in becoming Academy sponsors should contact email@example.com.