RDR qualification core units agreed

The Professional Standards Advisory Group, which consists of the FSSC, FSA and AIFA among other organisations, says qualifications will comprise of a number of compulsory core units including: Financial Services, Regulation and Ethics Personal Taxation Investment Principles and Risk The RDR says UK financial advisers should be qualified to at least QCF Level 4, the equivalent of the first year of a degree qualification. Guidance issued by the FSA in March also proposed advisers will need to reach Level 4 in "every element" of their studies. Next month, the FSSC will launc...