Almost one in six financial advisers will leave the industry if the Retail Distribution Review's (RDR) proposals are accepted in their current form.
The CII Group has launched a new Certificate in Life and Pensions to be added to its framework of financial services qualifications.
Equity Release Club (ERC) has today launched its online training website, www.equityreleasetraining.co.uk , providing material for advisers looking to improve their knowledge of the sector.
More and more mortgage advisers are seeking training in equity release products to help deal with the downturn in mainstream mortgages, the ifs School of Finance says.
Almost two thirds of IFAs believe the internet will be of growing importance to consumers searching for financial advice, according to Unbiased.co.uk.
The Personal Finance Society (PFS) is to be reviewed and restructured to accommodate and adapt to changes outlined in the retail distribution review.
The big question for adviser firms following the release of the RDR interim paper is should they take action now to fit the FSA's revamped vision for retail financial services?
IFAs have come out strongly against Chartered Status being set as the minimum qualification post RDR, FSA managing director Clive Briault told delegates at the Retail Firms Division Conference today.
Financial advisers have largely welcomed the FSA's apparent u-turn on linking the term ‘independent' to an adviser's remuneration methods, research by Unbiased.co.uk suggests.
To improve their reputation and inspire consumer confidence, advisers will need to be able to evidence their professional credentials.