The FSA is offering a CD-Rom-based compliance training programme aimed at intermediaries entering th...
The FSA is offering a CD-Rom-based compliance training programme aimed at intermediaries entering the investment market.
The new training programme is designed to offer an introductory overview to what has traditionally been a complex area for new starters and a refresher to more experienced advisers.
AIFA's director general Paul Smee said: 'This is a useful contribution to the compliance area and shows that the FSA is trying to move away from the current prescriptive and nannying regime by replacing CPDs. We have long said that counting CPD points does not measure continuous professional development.'
The CD consists of a short introduction to the topic and eight modules covering the essential aspects of compliance which underlie the existing PIA regime. An FSA spokeswoman said: 'We found that there was a demand for training in compliance essentials from one-man operations.'
Copies of the CD can be purchased from the FSA.
No preferred charging model
To 1,552 families and businesses
HL and Liberty SIPP slowest
Lifetime and annual allowances