LTC exams to be reviewed every three years

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Long term care, mortgage and equity release qualifications could be reviewed by the FSA every three years to "ensure they remain up to date and relevant".

The regulator also disclosed the possibility that it could take over examinations control from the Financial Services Skills Council (FSSC). Both the long term care and mortgage exams were last evaluated in 2004, with equity release looked at in 2007. The proposal is made in the FSA's CP10/12 Competence and ethics consultation paper, which also notes that it is happy for non-examination based qualifications to continue for those areas not covered by the RDR. The paper says that while the FSA does not have a view on the level of difficulty of qualifications required outside of the R...

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