RDR: FSA denies alternative assessment "cop-out"

Sheila Nicoll, head of retail policy and conduct, told IFAonline the regulator is "conscious" some experienced advisers view returning to the exam room with a degree of trepidation "after 20 years". She adds 'alternative' assessments, in any guise, should not be seen as a "soft option" because the FSA will ensure they meet its minimum QCF level four requirements. In its latest RDR consultation paper, published today, the FSA says QCF examining bodies will be allowed to develop qualifications that involve 'alternative' assessment methods besides written and oral exams. "We fully ...