Financial advisers can earn Certified Financial Planner (CFP) status in a new way, combining home study and training workshops following changes introduced by the Institute of Financial Planning (IFP).
Traditionally, advisers have either chosen a correspondence course or week-long fast track option. Under the new Focused Assessment Programme, they can combine elements of both, studying at home and attending four days of practical workshops.
If they choose the new option, advisers have four months in which to complete their assessment.
CFP students learn a range of financial advisory skills built around a client case study, which is designed to demonstrate how they would apply advanced financial planning in real life.
Nick Cann, chief executive of IFP, said: “By spreading the CFP preparation and assessment process over a period of up to four months, we are giving candidates the very best chance to prepare and present their work to the high standards that are required. This new programme is already proving very popular with members.”
To find out more email CFP@financialplanning.org.uk
