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Article: A view to a skill: Some IFAs fear that the skills council's plans will dumb down exams.(Training & Competence)(Independent Financial Adviser)(Financial Services Skills Council)
- Article from:
- Money Marketing
- Article date:
- April 1, 2004
- Author:
CopyrightCOPYRIGHT 2004 Centaur Communications Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Many have heavily criticised the Financial Services Skills Council, feeling the body lacks credibility and could actually lower standards.
What are behind the concerns and what suggestions do training and competence experts make to improve the current state of play?
The skills council's aim is to approve and endorse appropriate exams, with the longer-term aim of working towards one clear and approved qualification framework.
Arguably, the first problem the skills council faces in winning over IFAs and others, stems from training and competence fatigue.
Sofa chairman Nick Bamford points out that a strong exam framework has been a long ...