Minimum £2,100 for new Level 5 alt assessment

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A new alternative assessment route for QCF Level 5 qualifications has been opened up to advisers following a pilot phase.

Experience Counts is offered by Corporate Training Partnerships (CTP), in partnership with The National Skills Academy for Financial Services, with a Diploma in Investment Planning offered by the Chartered Institute of Bankers in Scotland. The alternative assessment, which was unveiled earlier this year, has no written or oral examination element, with assessors travelling to the adviser's workplace and conducting assessments based on client, regulatory and CPD records. The assessors also consider "any other documentation" which proves the adviser meets all examination standards. A...

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