Honister Capital moves to get 1,500 advisers RDR-ready

Honister Capital has partnered with Scottish Widows to offer its 1,500 advisers access to Widows' online learning academy as it seeks to fast-track its IFAs to QCF Level 4.

Scottish Widows' online Professional Advisory Study System (PASS), developed in conjunction with the Chartered Insurance Institute (CII), provides advisers with a structured study framework to help them achieve their Diploma.

Earlier this year, Honister acquired the principal advisory and direct businesses of The Money Portal, including Burns-Anderson, Sage Financial Services and Willis Owen.

"There are many uncertain areas of the proposed regulatory changes, but two are clear," Alan Easter, strategy and business development director at Honister Capital says.

"Firstly that increased qualification requirements will be required for most advisers, and secondly, it is far easier to manage the transition with the support of our manufacturing partners than without it.

"This initiative supports the advisers within the Group with a quality training solution which, in line with our recently announced training team in support, will make the journey easier for our clients."