As the RDR approaches, Vanguard, a sponsor of the Institute of Financial Planning, has said it expects advisers to look for ways to keep client cost and increase client exposure to low-cost passive products.
vanguardlearning.co.uk offers a range of CPD modules on topics such as ETF methodologies, possible risks and securities lending. Each module includes video tutorials, topical guides and a test to help advisers fill syllabus gaps.
Post-RDR all advisers are required to complete 21 hours of CPD per year, rising to 35 for CFP^CM professionals.
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Nick Blake, head of retail at Vanguard, said: "The RDR has left many adviser grappling with the challenge of how to best offer value to their clients. ETFs are a hugely useful tool for constructing broadly diversified long-term portfolios, and the number of ETFs available to UK investors is growing rapidly.
"However, we find that many advisers want further support in their understanding of ETFs and how to best use them in a portfolio. From a client's perspective, ETFs are just another way to invest in a stock or bond market index fund but the underlying mechanics are a little different and it is important that advisers understand every aspect of this to ensure that they are fully prepared to include ETFs as part of their 'whole of market' guidance".

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