So it appears advisers yet to reach the RDR's minimum qualification requirement (the equivalent of QCF Level 4, or, in equally confusing terms, about the same as the first year of an Honours degree) can be assessed via case studies and coursework, instead of written examinations.
The Association of IFAs (AIFA) this week launched its Diploma in Investment Planning, which it has set at Level 5 (collective "Ooooooooh!"). AIFA says it will help existing advisers apply and demonstrate the knowledge and planning skills they have gained in achieving their existing advice qualifications and via their experience as IFAs. This will be achieved by working through a series of scenario-based case studies designed to "assess the adviser's ability to develop and present suitable recommendations to their clients". AIFA joins the CII, which earlier this month outlined its p...
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