FSA to extend list of RDR-ready qualifications

In its latest quarterly consultation paper, the regulator proposes the addition of the Chartered Institute for Securities & Investment's Diploma for individuals managing investments or acting as a broker fund adviser. For those advising on packaged products (which are not broker funds) and friendly society tax-exempt policies, it is proposing the Diploma in Investment Planning, a work-based assessment, from the Chartered Institute of Bankers in Scotland. The London Stock Exchange's Registered Representative Full Membership Exams have also been proposed for the same category, as long a...