Qualification time-line 'very unfortunate' - Lakey

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 regime. Whereas some quarters of the industry have welcomed the deadline and the clarity it brings, Lakey - founder of anti-RDR group Adviser Alliance - says it has not been properly thought through. "Different advisers will have different ways of dealing with this," he says. "Whereas some advisers will have to pass just one module in the time-line, others may need to pass four or five. ...