A sole practitioner has hit out at the CII's RO1 exam for its "irrelevant" subject matter and says its inadequate preparatory material leaves advisers "gambling" with their futures.
Bath-based adviser Christopher Miller, who took the exam in regulation and ethics in December, says the CII's costly study manual failed to cover areas he was later tested on. He says the exam's subject matter also bore "very little relationship" to his working life. "When I went into the exam I was horrified to see a significant number of questions not included in the manual. "I estimate around 10-15% of questions were not in the manual issued by the CII, for which I paid £107". Miller, who has been an IFA since 1999, adds the exam invigilator told him other candidates had voic...
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