UK - Financial advisers have rapped new moves to revamp examinations for lacking clarity.
The FSA’s consultation paper proposes a more broad and in-depth examination framework for the sector.
But the Association of Independent Financial Advisors’ director general Paul Smee said: “The proposed framework lacks clarity...an example of this is the absence of any clear indication of the number of modules that an IFA operating in today’s market would need, in order to achieve qualified adviser status.”
Standard Life has increased exposure to risk assets in three out of five funds in its Active Plus and Passive Plus workplace pension ranges.
Some 48% of employers are unaware of the services or help they offer to members of their defined contribution (DC) schemes, according to Aon.
Jupiter Asset Management's Abbie Llewellyn-Waters, manager of the Jupiter Global Sustainable Equity strategy, explains why firms need to integrate ESG into their business model