National standard launched for advisers with older clients

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The Financial Services Skills Council (FSSC) has launched a new national standard for financial advisers who work with older clients.

The Later Life Adviser Accreditation Scheme was developed by the FSSC in conjunction with SVARfair, a financial services consultancy. The new standard is aimed at advisers with a high level of competence in dealing with older clients and is supported by a number of charities, consumer bodies and firms that specialise in the older client market. The standard builds on the FSA’s basic requirement for the field and has been supported by the FSA, which also contributed to development costs of the scheme. Just Retirement was primary development sponsor for the scheme. It says the growing need...

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