Your IndustryMay 25 2011

Financial makes spring roadshow mandatory

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Financial's spring compliance roadshow has been designed, organised and run by its training and competency team and is held every six months.

The roadshows have been included in the membership fee and the network has made the seminars mandatory for its members this year. Each firm has been asked to send at least one representative to either the May or November sessions.

Catherine Court, head of training and competency for Financial, said: "These sessions have always been voluntary but they should become mandatory now due to the importance of the information about procedural changes, regulatory issues and compliance support."

The roadshow will spend time on gap-filling and discuss assistance with DipMAP, CF8, occupational pension transfers, pension switches, USPs and other revision days for DipFA.

Ms Court added: "It is becoming clearer as time moves on that each aspect of compliance, or even financial services as a whole, cannot be taken as a standalone issue and that one thing generally depends on others."

She said Financial had taken numerous telephone calls from advisers about examinations and gap fill and is aiming to answer each inquiry individually.

The events will provide further information on the new learning system, titled Financial Expert, and the gap-fill requirements for those trying to comply with RDR requirements.

The seminars will also provide firms with the opportunity to ask questions directly to the network representatives.