JPMorgan launches IFP-recognised academy

The scheme, called Academy, offers IFAs ranking points from the Institute of Financial Planning, which JPMorgan says contribute to qualifications. The FSA’s recent Retail Distribution Review (RDR) outlines proposals requiring financial advisers to achieve further awards to call themselves ‘independent’. Jasper Berens, head of UK sales at JPMorgan Asset Management, tells IFAonline IFAs who complete Academy will not necessarily need to take a three year degree, although the scheme will not single-handedly change the continued development system. Berens says: “We feel that in an indust...