From Adviser Guide: Statements of professional standing
Q: Once I have a statement, what do I need to do?
Once you have your SPS, you can continue to work in regulated financial advice post 31 December 2012.
You will need to maintain your CPD record and apply for your SPS annually, according to Sue Wiggins, CPD manager of the Institute of Financial Services.
You can use the statement of professional standing to show to clients and can continue to work in regulated financial advice post 31 December 2012.
Steve Jenkins, director of financial services and insurance markets at the Chartered Insurance Institute, said the CII is making it available as a downloadable certificate.