CISI warns advisers who falsely claim CFP status could face court

The warning comes in response to a Which? investigation into the qualifications advice firms list on adviser directory Unbiased. Of the 43 firms scutinised, Which? found two-thirds (27%) claimed to employ certified financial planners, yet did not have a single adviser at the firm with the relevant CISI certification.  CISI global head of business development and chartered FCSI Kevin Moore said the body would immediately investigate if it heard of any advisers falsely claiming to hold the CFP accreditation. If the body found an adviser "fraudulently misrespresenting themselves", he add...