Giving Financial Advice on Retail Investments in the UK
The FCA’s standard for independent advice applies according to the Retail Distribution Review (RDR) rules, introduced to improve the clarity with which firms describe their investment advice services to consumers, improve consumer confidence and build general levels of trust in the retail investment advice sector.
To be qualified to give financial advice in the UK practitioners must hold at a minimum, a level 4 RDR compliant qualification. Our Investment Advice Diploma was specifically developed to comply with the FCA’s examination standards of the RDR and appears on the FCA’s Appropriate Qualification tables. This qualification is the first step for many new investment advisors in the UK, before choosing to achieve further qualifications, either our Certificate in Private Client Investment Advice & Management or our Chartered Wealth Management Qualification, our higher level, specialist wealth management qualification.