IFA firm Towry Law has announced it expects all 200 wealth advisers to have achieved the Chartered Insurance Institute's Diploma in Financial Planning as a minimum benchmark qualification by the end of 2008.
The company says the decision is part of an initiative to raise professional standards, and will be used as a step towards making Chartered Financial Planner status as its ultimate benchmark. Towry Law says it will enrol all of its wealth advisers as members of the Personal Finance Society in a joint effort to raise industry standards, which will see the company funding the learning, examination entry and membership. The initial benchmark - the Diploma in Financial Planning – introduced by the IFA firm aims to develop advanced technical knowledge and understanding across a broad range...
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