Friday, 20 July 2012 11:11
IFP members progressing well with gap-fill requirements
Almost 70 per cent of Institute of Financial Planning members have completed their gap-filling requirements, according to the IFP.
A further 21 per cent of members are in the process and on track to finish it on time. Only nine per cent of Financial Planners have not yet started their gap-filling activities.
Of those who had finished their gap-filling, 55 per cent have received their Statement of Professional Standing (half from the IFP and half from the Chartered Insurance Institute) and the remaining 45 per cent have confirmed they will be choosing the IFP as their accredited body.
The most popular way to fill gaps was structured CPD with only six per cent preferring to take exams instead.
Over 70 per cent of respondents said gap-fill meant it was a level playing field for advisers post-RDR and over half believed RDR would benefit the Financial Planning profession.
The majority of Financial Planners said they had not had any problems identifying which gaps they needed to complete but said support was needed for finding resources, particularly in the Pensions and Retirement Planning and Securities sectors.
The IFP said help on these areas was available via the Techlink website, Calibrand study materials and Wizard Learning. It is also running two-day fast-track gap fill workshops to cover material not covered by CFPCM or FIFP certification.
These are to be held on 29-30 September in Wales, 9-10 October in London and 6-7 November in Doncaster.
Contact Sue Leech at the IFP for more information on gap-filling.
A further 21 per cent of members are in the process and on track to finish it on time. Only nine per cent of Financial Planners have not yet started their gap-filling activities.
Of those who had finished their gap-filling, 55 per cent have received their Statement of Professional Standing (half from the IFP and half from the Chartered Insurance Institute) and the remaining 45 per cent have confirmed they will be choosing the IFP as their accredited body.
The most popular way to fill gaps was structured CPD with only six per cent preferring to take exams instead.
Over 70 per cent of respondents said gap-fill meant it was a level playing field for advisers post-RDR and over half believed RDR would benefit the Financial Planning profession.
The majority of Financial Planners said they had not had any problems identifying which gaps they needed to complete but said support was needed for finding resources, particularly in the Pensions and Retirement Planning and Securities sectors.
The IFP said help on these areas was available via the Techlink website, Calibrand study materials and Wizard Learning. It is also running two-day fast-track gap fill workshops to cover material not covered by CFPCM or FIFP certification.
These are to be held on 29-30 September in Wales, 9-10 October in London and 6-7 November in Doncaster.
Contact Sue Leech at the IFP for more information on gap-filling.
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