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The Wyman Report

Independent Review of the Funding of Debt Advice in England, Wales, Scotland and Northern Ireland

The Wyman Report recommended that:

“All authorised debt advisers should have a debt advice qualification before they can offer debt advice unassisted, and should be required each year to undergo proportionate continuing professional development that includes updating for changes in law and reviewing the latest evidence of effective practice. The requirement for, and syllabus of, the debt advice qualification, and the requirement for continuing professional development, should be set out by the FCA. There should be a phased transition for existing advisers, where they have a window of three years to obtain an approved qualification to enable them to continue to work in the sector.”

NTI have received huge interest from debt advice businesses all over the UK, many of them recommended to us by the FCA. It is going to be an important three years for many of our clients.

NTI has its own series of MAS accredited qualifications, Personal Insolvency Practical (PIPs) 1, 2 and 3. 

We would be delighted to fill in any blanks you may have with details. Contact neil@ntinsolvency.com

Posted: 12.04.2018
Tags:  newsletter

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