Higher professional standards will take four years - CII

As part of its recommendations, the CII calls for a single independent professional standards board to be set up to help develop professional standards across the financial services. The recommendations also advise the FSA to make the Certificate in Financial Planning (CFP) a requirement for all advisers, including primary advisers. The CII’s submission brings together ideas developed in its five position papers, which have been published over the past two months, and aims to improve professional standards, not only through increased qualification standards, but also through a step-change...