New IFA qualification to focus on client communication

The new course, called the Advanced Financial Advice Module (AFAM), is already being studied by a number of advisers and their feedback will contribute to the final format of the course. The AFAM qualification’s shape, structure, content and skills development will follow from the Retail Distribution Review (RDR), according to ifs, and will not be used to influence the outcome of the review. Mark Roberts, head of financial regulation at the ifs School of Finance, says: “Once we have analysed all the feedback from the pilots and the RDR begins to take shape, we will refine the qualificatio...