Whether or not it is worth attaining Chartered status is dependent on an adviser’s personal view on the value of the qualification and how it feels it impacts their clients, Professional Adviser has heard.
Advisers and paraplanners responding to this week's PA Asks voted on whether they felt it was worth being Chartered. The majority (51%) of respondents said it was worth it, while 44% disagreed and 5% were unsure either way. Those who voted in favour of Chartered status were split on who benefits most from the time-consuming and expensive examinations advisers must undertake. "I don't think it's important from the clients perspective," one said. "It is useful to be Chartered in large advice firms though where there is competition for the leads, so large value leads will normally go ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
