Advisers waiting for 'alternative' assessments for obtaining QCF Level 4 could be hampering their chances of being qualified before the RDR deadline, Zurich UK Life's intermediary sales director Richard Howells says.
Howells argues those waiting for an alternative to written exams could be disappointed, and should start studying now or risk being unable to practice on 1 January 2013. In its December consultation paper on the RDR and professionalism, the FSA said it was considering an alternative to exams to assess advisers who feel they do not perform well under exam conditions. However, no firm decisions have been made, and while qualifications providers are keen to offer an alternative assessment, it will need to be as rigorous as any exam offering. Howells says: "Currently we have no concret...
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
