This is in order to remain compliant and sustain competitive advantage.
"The changes surrounding pension tax simplification are not limited to those advising on pensions and investments but will affect all professionals currently advising on personal finance," commented Mark Roberts, head of faculty financial regulation, at the ifs. "It is imperative that advisers prepare for these changes ahead of A-Day in order to maintain business as usual."
All of the regulatory qualifications offered by the ifs are being updated to incorporate these new changes and be ready for roll out on 6 April 2006. The changes will affect those currently studying for both the Certificate in Mortgage Advice and Practice (CeMAP®) and the Certificate for Financial Advisers (CeFA®). Detailed information is available directly from the ifs at www.ifslearning.com.
