Rise in number of advisers completing AFPC certificate

A total of 285 candidates completed the exam requirement to be awarded the Advanced Financial Planning Certificate (AFPC) the Chartered Insurance Institute has announced.

Results of April’s AFPC examination session reveal that the number completing the Certificate rose to 285 from 254 at the previous session in October 2004. Holders are eligible to apply to join the Personal Finance Society at diploma level and use the designation Dip PFS. The number of advisers completing the exam requirement for Associateship and Fellowship membership status with the Personal Finance Society also increased with 66 eligible to apply for APFS status, up from 65 in October, and 16 FPFS status, against 11 previously.

CII qualifications and compliance manager Paul Turner says, “These results confirm the position of the AFPC as the hallmark of professionalism for financial services advisers. It is extremely encouraging to see that the numbers of those completing AFPC exams at all three levels has increased, this indicates a desire by advisers to acquire greater levels of knowledge to deal with clients’ increasingly complex financial situations.”

Those completing three AFPC subjects or equivalent, and who become members of the Personal Finance Society will be eligible to use the designation Dip PFS. To become an Associate (APFS) the requirement increases to six AFPC subjects or equivalent, whilst the requirement for Fellowship status (FPFS) is 10 APFC or equivalent subjects.