Pending Changes to the Regulatory Environment.
You should be aware, that a review of the legislation affecting financial advisers is currently underway. The reviewed legislation will result in a new code of professional conduct being developed. Development of the new code will out of necessity include a review of the minimum competency requirements for the different classes of financial advisers, or advisers offering different services.
The new code will include transition provisions for those who already hold the current qualification or are already undertaking the current qualification. This provision will help to ensure that qualification holders or current learners are not disadvantaged as a result of the review.