RDR: FSA proposes 'Statements of Professional Standing' for advisers

However, the FSA says this approach will not require mandatory membership of professional bodies. The FSA is also proposing to add links from the FSA Register to those run by accredited bodies to further buoy consumer confidence in advisers' professionalism. Firms will still be required to ensure all advisers meet the FSA's training and competence requirements, specifically in the three areas of qualifications, continuing professional development (CPD) and ethical behaviour, to give an overall picture of competence. In CP10/14 Delivering the RDR: Professionalism, including its appl...