Aviva Investors has provided an accreditation program financial planners can use in order to properly advise their clients on the new direct separately managed account (SMA) the manager has officially just launched.
"A number of advisers asked me in October last year to please give them an accreditation program so they can use this product properly," Aviva Investors head of retail Andrew Peterson said.
"So we've put together an FPA-approved accreditation program that will go live on 1 March on our website. It's self-assessing and you get 0.5 CPD (continuing professional development) points."
The development of this program makes Aviva Investors' direct SMA one of the few accredited products of this type in the market.
The accreditation program was simple to use and was deliberately designed that way so advisers could better familiarise themselves with the product, the manager said.
The questions are provided in true or false and multiple choice-type formats and because it is an online facility advisers are informed immediately if they have passed, and if so a CPD certificate can be produced for the adviser's records.
