Advisers want to attain higher qualifications - CII

clock

The majority of financial advisers want to improve their qualifications in anticipation of the RDR, according to the CII.

About 800 advisers responded to the CII Group and Ernst & Young survey, which revealed more than two-thirds believe a better qualified adviser delivers higher quality advice. Nearly 80% think it should be mandatory for advisers to be a member of a professional body, while more than 66% have a desire to take up further qualifications, with over 40% aiming to gain the Chartered Financial Planner title. About half the advisers expect to operate as a Professional Financial Planner, while just over a third expect to operate as a General Financial Adviser. On customer agreed remuneration, half...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Feel Good Friday: Quilter Foundation sponsored charity hosts 'wishmas'

Event was made possible with £10,000 donation from Quilter

Professional Adviser
clock 29 November 2024 • 1 min read
Independent or restricted: What's in a name?

Independent or restricted: What's in a name?

Shifting the focus to 'regulated advice'

Anthony Carty
clock 28 November 2024 • 4 min read
Platform service worsens as cost of living spurs clients to move assets

Platform service worsens as cost of living spurs clients to move assets

'People are needing cash more than ever right now'

Sahar Nazir
clock 28 November 2024 • 2 min read