Talk:Independent financial adviser

POV?[edit]

[on CertPFS] This is only an entry level qualification and not really evidence of technical expertise. It is equivalent to a challenging GCSE.

While this may be true Evidence is needed for this

While the CertPFS qualifications are the minimum requirements, it is likely that an adviser will progress to the more advanced qualifications throughout their career. The level of qualification can therefore be a useful indicator of an adviser's experience and expertise.

When new qualifications are introduced it is ofen those in larger organisations who are more likely to take them as sole practitioners and smaller firms dedicate less time even though the personell may be more practically skilled.

It is argued by some that the CII gears it examinsations for very spefici answers which an experianced individuals may be disdvantaged asa broader view may skirt round the most straightforward answer. [[ok reworded this second bit]

Dainamo 14:15, 12 August 2007 (UTC)[reply]

I switched the word "unbiased" for "independent" as the fact that an IFA offers from whole of market does not guarantee a lack of bias. "unbiased" is a marketing term. Furthermore after depolarisaton in 2005 there were not 4 groups but 3: tied, multi-tied and independent financial advisor. The fourth group an earlier author refered to "whole of market advisors" does not exist! (or at least they do exist... but are called IFA's). --81.133.156.196 (talk) 15:29, 24 April 2008 (UTC)[reply]

Thanks, that's sensible. Recently I've been looking at several finance articles and the all seem to lack references, make POV claims and using first and second-person pronouns in breach of Wikipedia:Manual of style. For such an important subject, they're in poor shape. -- John (Daytona2 · Talk · Contribs) 20:37, 25 April 2008 (UTC)[reply]

I've updated the new requirements and definitions for IFAs based on information in the Money advice service. The qualifications are from the same source. Someone may wish to expand on this, and check if any remaining sections are still relevant or need updating.--Andromedean (talk) 08:18, 29 December 2012 (UTC)[reply]

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