Baldwin demands evidence of exam link to competence

During Monday night's debate, Hoban cited an FSA paper identifying what he said was a "clear link" between increased qualifications for advisers and improved consumer outcomes. He was referring to a June consultation paper on professionalism, which reads: "Advisers who hold higher minimum levels of relevant qualifications and who address any gaps in their knowledge through regular CPD will be more competent and less likely to make mistakes that could result in unsuitable products being recommended to their clients." Baldwin, Conservative MP for West Worcestershire, says: "Hoban used e...