Better knowledge means better business

financial education

The investment market has become more complicated and it is harder make good returns, so financial advisers need the right knowledge to make good investments and satisfy clients

I write this, as I emerge bruised and battered from the June sitting of CFA level 1. Though no stranger to exams, until the weekend I had always been a little dismissive of multiple choice examinations (MCEs), and often commented that a monkey can get 25% on a MCE. On Saturday I was forced to eat my words. Given the difficulty of the paper - or my lack of preparedness - a monkey could well have got a higher score. So why did I, along with around 70,000 others, give up the last few months for the opportunity to sit a hard exam? While I am unable to speak for the others, I have felt acutely...