AE fuels need for 'specialist' pension exams

Jenna Towler
clock

Advisers looking to break into the corporate pension market to serve SMEs' needs after automatic enrolment should consider taking specialist qualifications, according to the Pensions Management Institute (PMI).

Speaking to IFAonline, PMI chief executive Vince Linnane said although advisers prepared for the Retail Distribution Review (RDR) would already be at level 4, they should consider taking additional pension examinations, up to level 6, if they want to stand out from their peers and "future proof" their standards. He also said advisers looking to become specialist in pension transfers should consider taking the additional exams. PMI launched its level 6 rated Diploma in Regulated Retirement Advice (DRRA) to meet the Financial Services Authority's (FSA's) requirements in June, and 50 pe...

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 Investment

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read