Candidates for the FPC qualification have until 17 December to put in their applications for exams, or else risk being automatically entered for its replacement - the Cert. FP.
Candidates applying after 17 December will not have time to do the three exam papers required to obtain the FPC, as the Personal Finance Society – formed by the merger of the CII and LIA - starts to offer its new qualifications. Some 127,000 people have passed the PFC as of October, the CII says, with exams set to run until July 2005. The Certificate in Financial Planning, which replaces the FPC, requires candidates to pass a minimum of five out of eight units, including one on investment and risk. IFAonline
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