Mortgage advisers will be able to work towards new professional qualifications, helping them to differentiate their services.
The London Institute of Banking & Finance has launched its first continued professional development programme for CeMAP mortgage advisers.
This programme involves 15 hours of CPD a year, which will lead to a CeMAP professional designation, or options to qualify for the advanced professional diploma.
This CPD programme can include mortgage-related seminars and workshops, webinars, technical updates, e-learning and professional studies.
The London Institute of Banking & Finance’s managing director of corporate and professional qualifications says: “The recent FCA calls for it to be easier for consumers to compare advisers and products shows how important it is becoming for advisers to differentiate their skills and services.”
He adds that the Institute will also signpost advisers to other areas where they may want to take additional training or specialist qualifications, such as equity release or pension transfers.