Dangers of dumbing down exam regime

Viewpoint

The current debate about training and competence touches on a vital aspect of the LIA's long-term ob...

The current debate about training and competence touches on a vital aspect of the LIA's long-term objective of raising the professional standing of financial advisers. Back in the early 1980s, the LIA published its licensing green paper. The approach set out in that paper was focused on individual financial advisers. It said they should be individually licensed, that they should pass approved examinations for the functions they perform and that they should adhere to a code of practice and be subject to disciplinary arrangements if guilty of professional malpractice. We have fought for 20 ...