Your first step towards a new career
Here at the Quilter Financial Adviser School we are delighted to make our training materials for the first unit of the Diploma for Financial Advisers programme (DipFA), free and available to everyone. The module, Financial Services, Regulation and Ethics, otherwise known as FSRE, is the first of three modules needed to obtain your Level 4 qualification from the London Institute of Banking and Finance, enabling you to become a UK financial adviser.
By offering our training materials for this first module for free, under our ‘FSRE 4 All’ programme, we hope to generate interest. Whether you are a student, someone who has recently been furloughed, or just someone who is considering a career as a financial adviser, this is an ideal opportunity to use this unexpected period of lockdown as a chance to try something new.
What is FSRE 4 All?
Why become a financial adviser?
Being a financial adviser offers you a great career. It provides you with genuine variety, as no two days are the same. You get to meet interesting and dynamic people… And the financial rewards are very attractive too. You also have a higher purpose. You really get to help people, transforming their lives and those of their loved ones.
Today in the UK, there is an advice gap. The demand for advice is outstripping supply for a number of reasons.
- Firstly, our population is getting older. The older we get, the more complicated our finances tend to become, so there is a greater need for financial planning.
- Secondly, we generally have an older financial adviser population, with the average age now being late 50s. This means, in the next few years, we will see a good many advisers retire, reducing the already depleted 26,000 advisers left in the UK. This will create tremendous opportunities for any new advisers.
- Thirdly, there will be massive opportunities for advisers in the inter-generational wealth transfer arena, as an older population passes and leaves their wealth, often tied up in the bricks and mortar of family homes, to the next generation. And that next generation aren’t Millennials, as popular press might have you believe. They are 50 to 60 year olds, who have paid down their mortgages and recognise they need help in making sure this windfall money works really hard for them and their future generations. We believe there are very few professions out there where the planets are so favourably aligned.