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FSA offers discretionaries PCIAM reassurance
Markets
by Danielle Levy on Sep 03, 2010 at 08:44
If approved, this will mean that new entrants to the profession, and existing advisers who are seeking RDR compliance who prefer a level 4 qualification to the level 6 PCIAM, will also be able to take a single qualification that will enable them to meet the requirements of both retail advice and discretionary management.
Ruth Martin, CISI managing director, said: 'We are pleased that the FSA has listened to our representations, which have come about as a result of our close liaison with the industry and feedback we have received from firms and individuals.'
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2 comments so far. Why not have your say?
Charles Mackinnon
Sep 03, 2010 at 12:27
phew!
report thisAnonymous 1 needed this 'off the record'
Sep 06, 2010 at 09:53
Common sense has prevailed, thank heavens. Thanks to those who campaigned on behalf of the beleaguered...
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