IMA welcomes higher investment education for advisers - CP157 story 2

The Investment Management Association has applauded the FSA for taking on board its recommendation that advisers need higher standards of investment knowledge to be fit to give advice on investments. The FSA is recommending a tougher line on investment knowledge in its Consultation Paper 157 on Exams for Advisers (Examination Framework for Retail Financial Services (Investment Advice Strand 1)), which was released at the SOFA conference in Birmingham today. "The ability to manage investments is central to personal financial planning, but you used to be able to pass FPC, and so giv...