The Association of Investment Companies has launched a new study programme for advisers, financial planners and paraplanners to improve their knowledge of investment companies.
The Investment Company Accreditation is a three-hour programme of interactive e-learning that covers a range of topics, including discounts and premiums, gearing and the income features of investment companies.
The programme is divided into four courses, each of which offers up to 45 minutes CPD and can be taken at any time. The courses are accredited by the Chartered Insurance Institute and the Chartered Institute for Securities and Investment.
The programme also aligns with the CII’s Professional Map, supporting several competencies related to financial planning and paraplanning, the AIC said.
Those who complete the programme, which is free of charge for all finance professionals, will receive a certificate from the AIC demonstrating their knowledge of the structure and features of investment companies.
Nick Britton, head of intermediary communications at the Association of Investment Companies, said: “Broadening the understanding and use of investment companies is a key part of the AIC’s mission. The Investment Company Accreditation is designed as a way for financial advisers, planners and paraplanners to show they understand the structure and features of investment companies.
“The courses are interactive and can be taken at any time, making learning accessible and convenient. We hope that the Investment Company Accreditation will encourage a new generation of advisers to find their way to investment companies, which have so many potential benefits for their clients.”