AIFA supports T&C proposals - CP157 story 5

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The Association of IFAs says its first reading of CP157 released late yesterday has found nothing it...

The Association of IFAs says its first reading of CP157 released late yesterday has found nothing it does not broadly agree with. AIFA believes the proposals mean the core level of competency for giving advice seems higher than for the FPC - a change it supports. And it believe requiring advisers to have a broader knowledge base will benefit consumers, particularly on issues such as macroeconomics and the implications for investment advice. An AIFA spokeswoman says the association already argues that knowledge of investment needs to be "beefed up", while the addition of...

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