You want highly qualified advisers? Give us a decade

Tag : Polyester Grey
Edward Painter - Backdoor Grandfathering Indeed 15:35 | 16 Jul 2008
As a new graduate in this industry this really incenses me.
I for one want to work in a recognised profession, equal toSolicitors and Accountants and this will not be achieved by givingpeople a huge 10 years to achieve Diploma status.
I fail to believe that current IFAs cannot complete the Diploma in5 years, indeed I would go so far as to say that those who do notshould seriously consider their position in the industry.
It frustrates me that those of us who are striving to make thisindustry a bastion for professionalism are held back by those olderand supposedly wiser than us, who in all honesty may well be farless wiser and far less professional, but are allowed to get awaywith it as they have managed to hang on in the industry for sometime. Keith Churchouse - Not a murmuring .... 15:50 | 16 Jul 2008
This was not a mumuring, it was a statement by me!
I am not sure that I have heard something so ridiculous in a longtime. This is grandfathering by any other term and negates thepoint of the RDR in the first place. If this is the objective ofthis document, then it works well. Simon Hollin - Get with the programme or get out! 16:05 | 16 Jul 2008
The 10 year timeframe is yet another chain around the feet of anindustry striving to clean up its image and increaseprofessionalism.
The Diploma qualification should not take any candidate committedto their profession, more than 2 years to complete.
I believe that advisers should require no less than Charteredstatus to practise, as is the case with the other professions weare trying to emulate.
The message to ALL advisers should be "get with the programme orget out"! Harry Katz 16:27 | 16 Jul 2008
1. There must be other courses apart from the CII. I have takenthem (years ago) and I feel they are moronic. There is no place forsilly trick questions or learning (for example) NS&I rates byheart. I really don