The ifs School of Finance says it will wait for the outcome of the Retail Distribution Review (RDR) before deciding on the content and structure of its Advanced Financial Advice Module (AFAM).
The School says it does not want AFAM, which is designed to address an apparent lack of communication and analysis skills among advisers, to “influence or dictate” the outcome of the RDR, adding it will also pilot the new qualification among IFAs. Gary Millner, communications director at the ifs School of Finance, says: “By piloting and testing the AFAM qualification within the context of the RDR, the School is hopefully putting the horse in front of the cart, not the other way round. “As the FSA has not made clear what its final intentions are with regard to the RDR it would be foolish t...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes