The Chartered Insurance Institute's (CII) QCF Level 4 alternative assessment will cost advisers in the region of £2,000.
The professional body is piloting the alternative to written exams in September with six IFAs. An official launch is due in the final quarter of this year. Head of communications at the CII David Ross says the figure is "not set in stone", but is a "reasonable indicator" of the costs. "It will be in the region of £2,000, and this will be for one-to-one, individual, genuinely alternative assessments." The CII exam can not be compared with the cheaper AIFA alternative offering, which will cost that body's members £655 or £695 for non-members, because they are not the same, says Ro...
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