View more on these topics

Relevant knowledge

I wonder if I might invite Jeremy Newbegin to re-read my letter (October 22). I have never claimed that exams are the be all and end all of professionalism.

What I stated was: “The reality is that it is the combination of experience qualifications and skill” that makes for a professional adviser. I would add to this that perhaps in front of each experience, qualifications and skill, we add the word “relevant”

Jeremy correctly challenges the relevance of qualifications but might not see that the same challenge can be made of experience.

Duration does not in itself constitute relevant experience so in the same way that qualifications can either add value or not, the same holds true of experience.

Perhaps Jeremy might consider the Institute of Financial Planning exam to acquire certified financial planner status which definitely combines the experience he refers to with tested knowledge?

So for completeness, let me repeat. It is the combination of relevant experience, tested knowledge (relevant qualifications) and applied skill with trust and integrity that makes for the complete intermediary.

Nick Bamford
Chief executive
Informed Choice


How QE is distorting the gilt market

By Mike Riddell The moves in gilts in August were truly exceptional. Volatility in the gilt market (based off 10-year gilt futures) has soared to close to the highest levels seen this millennium, on a par with the eurozone debt crisis of 2011/12 and behind only the global financial crisis of 2008/09. The first distortion […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    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