Chartered graduation 'huge step forward' for industry

Over 600 advisers have been awarded the Chartered Financial Planner title since its launch in December and Brian Steeples, chairman of the Personal Finance Society (Pfs), expects 1,000 advisers to have been awarded the title by the end of this year. He adds: “I believe the next generation of IFAs will predominantly be chartered financial planners.” Steeples believes the introduction of chartered status is a “huge step forward” for the industry because it will improve its reputation and raise consumer confidence. Further, he thinks it will encourage younger people to enter the professi...