Adviser Becomes Fellow of Personal Finance Society

Financial Adviser becomes Fellow
Ian Cleghorn becomes a Fellow of the Personal Finance Society

Financial Adviser, Ian Cleghorn is already a Chartered Financial Planner but following the successful completion of a series of professional Pensions examinations he is now a Fellow of the Personal Finance Society as well. Ian didn’t need to take these examinations but because so much has changed in Pensions over recent years he wanted to ensure that his knowledge was completely up to date. The AF3 Advanced Pensions qualification relies on candidates having thorough knowledge of the three diploma level pension examinations. The AF3 Advanced Pensions qualification is recognised by the industry as one of the toughest to get owing to the level of difficulty and wide-ranging nature of the subject matter. It has the lowest pass rate of all the Chartered Insurance Institute examinations.

In October 2016 Ian very narrowly failed one examination. So, disappointed but undeterred he re-took this in April which he has passed with flying colours. His preparation included a huge amount of study, completing test papers, attending seminars and he also created a study group with other Advisers. From 2018 this qualification will be split into two parts owing to the large quantity of subject matter and Ian’s study group has asked him to be the Study Group Leader to help others prepare for their AF7 examination. However, for the next few months Ian is looking forward to spending time with his family and being a husband again!

“We were are so delighted for Ian that he has passed these examinations and is now a Fellow of the Personal Finance Society,” said Martin Ward, MD at Four Oaks Financial Services. “Ian has shown such dedication to his profession by undertaking these exams because he wants to make sure his knowledge is up to date so he can give the best service he can to his clients. At Four Oaks we help all our Advisers to become qualified and then to continue their professional development. Several of us are currently studying for qualifications, me included!”

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested.

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