Fresh guidance needed for RDR-ready advisers - Axa

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AXA Winterthur Wealth Management is calling on the FSA to clarify the position under the new RDR framework for financial advisers who have already reached QCF Level 4.

Mark Wilson, a consultant for the firm's Professional Edge adviser support service, says advisers who have already been accredited with QCF Level 4 status will need guidance on which further modules they may need to sit to fill gaps in knowledge depending on the age of their existing qualification. The FSA has been keen to point out any advisers already qualified can bridge any knowledge gaps through continuing professional development (CPD). But Axa Winterthur says further guidance may be needed "in order to ensure consistency in knowledge". Changes to the minimum qualification re...

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