Greater clarity needed from FSA on exams and training, says Think Tank

Worrying gaps in the qualifications gained by prot- ection advisers could appear because the Financial Serv- ices Authority (FSA) has not confirmed which exams will be compulsory under its new regime. Guests at the latest Cover Think Tank shared concern that some firms may delay sending staff on courses until the final rules are confirmed, fearing they may waste money on the wrong qualifications. According to the roundtable debate, instead of increasing competence, the introduction of the new regulator could hinder training, meaning some advisers could lose out on gaining valuable qu...