Bamford welcomes 30-month clarity for advisers

In today's CP10/12 Competence and ethics paper, the regulator announced plans to impose a 30 month deadline for individuals to complete all modules of qualifications in a toughening up of its training and competence regime. Informed Choice MD Martin Bamford has welcomed the FSA's new time-line. "I think it is a perfectly reasonable timescale - we wanted clarity and certainty and the plans deliver this," he says. "The FSA is saying new advisers have to get their act together in 30 months and this is a timescale for advisers who are serious about gaining qualifications. The timeline ...