IFP may include work experience supervision as CPD

It follows guidance issued by the Financial Planning Standards Board (FPSB), which owns the certified financial planner (CFP) brand outside the US. The FPSB recommends that one-year supervised work experience be introduced for financial planning certification globally. It says a superviser should be able to claim CPD hours and claim 'reasonable' monetary compensation for time spent supervising. IFP spokesperson Sue Whitbread says: "We think it is a great idea. How it works in practice is the important thing. It must be sensible and it must be reasonable." Under the guidance, sup...