18 Apr '12, 1pm

My Feedback for Financial Advisory Industry Review (FAIR)

I just submitted the letter to MAS: Dear Sir, RE: Feedback for Financial Advisory Industry Review (FAIR) As a full time fee-based professional financial planner for many years, I bring with me significant experience which I want to share with the committee. I am a CFA charterholder, Chartered Financial Consultant and as well as an ISO 22222 (SCI) certified person. I am an Appointed Representative. 1a. Currently, any person who possesses 4 GCE “O” Level credit passes can become an FA representative. Is this sufficient? If not, what do you think is an appropriate educational requirement for representatives, and should exceptions be made for existing and/ or older representatives? These days, many consumers are highly educated. Financial representatives should possess a tertiary education as they would have to demonstrate the possession of a minimum intellectual capability. T...

Full article: http://thefinance.sg/2012/04/18/my-feedback-for-financial...

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