Mortgage Bankers Association

There is more pressure on people more than ever to save for their
futures. Appeal to the state is no longer a safe choice for
pension and health care. As a result, an increasing number
people are buying personal financial products, such as life
Insurance and investments, private health plans and individual pensions. The
world of financial planning is a jungle, but, and it is
surprising that many people leave completely disoriented – which isbecause
There is a strong increase in the use of financial independence
Advisers (IFA). But even in a world of IFA are complicated —
There are so many different skills and some seem to have IFA
an infinite series of letters after their names. It can therefore
difficult to find the right advisor for your specific needs.
Here's a brief guide to some of the most important skills for different IFA
aspects of financial planning and mortgagesSecurity
pensions and investments.

The financial sector is highly regulated and legislative
body, the Financial Services Authority (FSA) requires professional
work in the sector to have certain requirements before
Advice.
There are so many different skills, which are released by many different
professional bodies and institutions that the letters after a financial adviser
The name can be overwhelming. Here is a glossarysome of the skills and
Abbreviations and membership of trade unions, see
To select a financial advisor to meet your needs.

The basic qualification is the Certificate in Financial Planning (Cert
GF) – even if only considered on the same level as a
"O" quality, and there is much more advanced skills available;
both for the general financial services consulting and specialized products, such as
mortgages andpensions.

Common

Certificate in Financial Planning (Cert FP)

Advanced Financial Planning Certificate (AFPC)

Certified Financial Planner (CFP)

Associate, Association of Financial Advisers (ASFA)

Members, Association of Financial Advisers (MSFA)

Fellow, Society of Financial Advisors (FSFA)

Associate Professor, Institute of Financial Planning (AIFP)

Members, Institute of Financial Planning (MIFP)

Fellow, Institute for Financial Planning(FIFP)

Institute for Financial Services (Chartered Institute of Bankers)

Bandages

Certificate in Mortgage Advice and Practice (CeMap)

Guides Advice Center Qualification (MAQ)

Pensions

Chartered Insurance Institute's G60 paper on retirement planning

Association of Pensions Management Institute (APMI)

Investments

G70 paper on portfolio management

G30 paper on investment planning business

CertifiedInvestment Management (Cert IM)

Investment Management Asset Allocation Qualification (IMAAQ)

Investment Management Certificate (IMC)

Professional Investment Certificate (PIC)

States, Securities Institute (MSI)

UK Society of Investment Professionals

Insurance

Associate Professor, Life Insurance Association Diploma (aka dips)

Members, Life Insurance Association Diploma (DIP MLIA)

Fellow, Life Insurance Association Diploma (Fliadip)

Associate, Chartered Insurance Institute (ACII)

States, Chartered Insurance Institute (MCII)

Fellow, Chartered Insurance Institute (FCII)

G80 paper on long-term care, health and the protection of life

A string of letters after the name of a person is not necessarily proof
their capacity as financial advisor. There are many factors that
must also take into account when looking for a financial
Council, including the cost of services offered,experience and position.