Is it just me that thinks the decision by the Chartered Insurance Institute (CII) to issue chartered status to financial planners, based upon experience instead of by examination, devalues the ‘Chartered’ brand and is counter-intuitive in the quest for the financial planning profession to achieve parity of esteem?
As with other highly technical professions, such as law, accountancy, medicine and engineering, in my view, you need to have demonstrated a higher level of technical competence by achieving a QCA Level 6 qualification under the National Qualifications Framework, which is Degree level.
Is this yet another example of the CII and, by association, the Personal Finance Society being driven in the wrong direction by a few misguided and ill-informed individuals at the top, who are frustrating the efforts of practitioners working to build public trust and confidence in the profession to which they belong?
Are there any members of other professions, such as solicitors, barristers, doctors, accountants, reading this, who have a view as to whether allowing a practitioner to become ‘chartered’ in your profession with just a Level 4 qualification (just above A level) would be considered acceptable?
#FinancialPlanning
STEP – Advising Families Across Generations
The Association of Lifetime Lawyers
The Law Society
ICAEW
The Bar Council of England and Wales
Society of Later Life Advisers
The Chartered Institute for Securities & Investment (The CISI)
LIBF
Professional Adviser
We can't wait for next year 🎉