The Financial Services Skills Council needs to shoulder more responsibility for the coming exam regime if it wants reforms to be a success, says the Association of IFAs.
In a response to the Skills Council's consultation paper on "Assuring the Quality of Appropriate Examinations", AIFA says it believes the Council's responsibilities relating to the examination framework should be widened. Furthermore, AIFA says it will not feel confident the new framework can deliver a system - encouraging professionalism in the industry, which will ultimately be of real benefit to consumers - until the FSSC does so. The association's main concern is the Financial Services Skills Council has neither assumed responsibility for setting the level of examinations nor su...
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