UK. CII to launch pension transfers qualification

The Chartered Insurance Institute is launching a new pension transfers qualification following the FCA’s proposals to change the rules relating to pension transfer advice.

The level four certificate in pension transfers advice includes a new level six unit, pension transfers, which will open in August.

It also includes three existing level four units: financial services regulation and ethics, investment principles and risk, and pensions and retirement planning.

Seven thousand CII members with statements of professional standing are qualified to give pension transfer advice through either the withdrawn pensions unit G60 or the current pension planning unit AF3.

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