The PFS has secured a "vital post-Brexit European foothold" for advisers by officially aligning its qualifications framework with counterparts on the continent, the professional body announced at its annual conference today.
The Personal Finance Society (PFS) already acts as the UK representative of the European Financial Planning Association (EFPA) but the agreement on mutual recognition means two-thirds of the UK body's members will be able to use an additional European qualification of European Financial Adviser) or EFP (European Financial Planner). Holders of DipPFS and above will be entitled to use the European designations from their 2018 renewal data, the PFS said. "This positive collaboration gives UK advisers greater certainty in advance of Brexit in the knowledge the PFS qualifications framework...
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