ifs host RDR event

The move comes as the qualifications development process for the Retail Distribution Review (RDR) moves into its final stages.

One of the key objectives of the RDR is to introduce higher minimum qualification requirements for all investment advisers. This new benchmark qualification standard will be set at the Qualifications and Credit Framework (QCF) Level 4, and all existing advisers will be required to meet this standard by the end of 2012.

The ifs has already launched a new level 4 qualification - the Diploma for Financial Advisers (DipFA) - which has been designed to closely reflect the themes of the RDR. DipFA develops technical knowledge and communication skills at the appropriate level and provides a supportive learning and assessment environment, which utilises a mixture of objective testing, coursework and final examinations designed to build on the advisers existing experience and knowledge.

Given its experience in this area, the ifs have been working closely with the Financial Services Skills Council (FSSC) to help develop the new Qualifications and Credit Framework (QCF) Level 4 qualification units.

Mark Roberts, development manager for the ifs said, "It's vital that advisers views are taken into account during this process but that can only happen if advisers step forward and make their voices heard. By hosting this consultation event we are providing a great opportunity for advisers to do so."

The first consultation event takes place on Thursday 1 October 2009. To take part advisers simply need to e-mail their details to: [email protected]