Tiers of financial advice exams under the new examinations regime are not as simple to understand as...
Tiers of financial advice exams under the new examinations regime are not as simple to understand as many advisers might hope, as the original formula has changed shape to reflect the way modules are designed to interlock, as the diagram below shows.
"Core" financial advice modules - shown in green - are seen as Level 3 and level 4 modules, even though they effectively sit in the 2nd tier of advice standards.
The "ISO" standard module does not specify content at this stage, but is shown as an attachment to the basic "advice skills" requirements.
Floating boxed modules to the left and right of the main exams are seen as specialist areas which an adviser or their employer must study if they wish to cover these streams of advice.
A full colour version of this diagram is attached by clicking thru the right-hand link.
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Short-term noise or something sinister?