The Professional Advisory Study System provides free access to study planning tools, an online resource centre and subsidised CII course material and exam entry.
According to Scottish Widows’ analysis of the results from the April 2008 exams, advisers using PASS achieved pass rates which exceed the national average by 26 per cent across the exam spectrum.
Scottish Widows head of market relations George Andrew says: “Post the FSA’s statement many advisers are looking at how they’ll upgrade their qualifications. The key factor for most is to avoid disruption to their businesses and their customers. Anything which shortens the time to qualification will be welcomed and we expect demand for PASS to be even higher than for the previous sittings.”