New online T&C service cuts need for re-examination

FSA head of industry training David Jackman today gave his blessing to a new online service jointly launched by the CII, LIA and SOFA, which short-circuits proposals in CP157 for a re-examination regime to maintain standards of adviser competency. The "financial ASSESS" portal will provide online literature, a Knowledge Assessment System and testing for use by firms and individual IFAs - all in line with the modular approach suggested by CP157, and all designed to ensure advisers are up to speed on the latest regulations and are encouraged to brush up on their knowledge base. ...