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

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
Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read