Competence Tool launched for mortgage advisers

The CeMAP version of the Competence Maintenance Tool (CMT) features a wide range of scenarios mortgage advisers can tailor to their individual needs and the ifs says several large organisations have already signed up. Mark Roberts, head of faculty financial regulation at the ifs, says when CeMAP was first launched the industry was self-regulating, but now “we are dealing with a regulatory environment that moves faster, reaches deeper and bites harder than ever before”. The new CMT aims to give advisers “a powerful, interactive platform that matches the pace of regulation”, adds Roberts....