CII: Simply 'read a pamphlet' to be RDR compliant

Scott Sinclair
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The "most arduous" thing qualified advisers are likely to have to do to be RDR compliant by 1 January 2013 is "read a chapter in a textbook", the CII says.

In a bid to dispel concerns over the FSA's qualification ‘top-up' rules, it says once advisers have mapped their existing exams and accrued knowledge against the FSSC's learning outcomes, the remaining 'gap' is often very small. Last year, the FSA confirmed advisers with an existing QCF Level 4 qualification would need to 'top it up' with relevant CPD to meet the new benchmark. CII communications director David Ross says an assumption the regulator requires qualified advisers to sit more exams is incorrect. He says advisers will have attended CPD-accredited events, read articles an...

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