>>   Become a member

Join now to enjoy exclusive benefits

07 Nov 2011

New CPD gapfill session dates announced for holders of CFA Level I + IMC

Following a programme of successful events throughout 2011, CFA UK has announced six new CPD gapfill sessions for early 2012:

These sessions are designed for those needing to meet the FSA?s qualification requirements under the Retail Distribution Review. Delegates will normally have passed the Investment Management Certificate, the IMC, at level 3 (completed before September 2010) and the CFA Level I, II or III examinations.

Both CFA UK members and non-members are able to attend. 

Find out more about RDR solutions for holders of CFA, IMC and ASIP.

Questions about gapfilling for RDR should be directed to Cindy Sharman, education manager.

Back to list

The CFA Society of the UK (CFA UK) serves society’s best interests through the provision of education and training, the promotion of high professional and ethical standards and by informing policy-makers and the public about the investment profession.

The society supports the CFA Program® and is the awarding body for the Investment Management Certificate (IMC), the UK’s leading entry level qualification for investment professionals. The society also supports the ASIP designation that was awarded to those passing the Associate examinations of the IIMR.

Founded in 1955, CFA UK represents the interests of roughly 10,000 investment professionals. CFA UK is part of the worldwide network of member societies of CFA Institute (the global, not-for-profit association of investment professionals that sets the standard for professional excellence and credentials, and awards the CFA and CIPM designations) and is the largest society outside North America.

CFA UK members work across the investment profession. While the most common roles for members are portfolio manager and research analyst, members occupy a wide variety of positions and work for many different types of firm. Similarly, the society's portfolio manager and research analyst members cover the entire range of asset classes and specialisms. Their common characteristic is a determination to practice and uphold the highest level of professional and ethical standards.

The society’s contribution to the UK investment profession has been impressive. From its founding purpose of bringing together investment analysts with company management and improving the quality of analysis, through its advisory work on regulation and accounting standards and by means of its development of qualifications to test and certify competence, the society has consistently aimed to build a better investment profession.

The society’s Council (and then Board) has also been occupied by more mundane matters such as finding event venues, determining membership dues and the society’s tax status. Making the society’s magazine pay its way has been a concern since its launch in 1961 – with no satisfactory answer ever found by more than 50 years of Boards – and it has been humbling to realize that almost every idea that the society has had in the past decade has either already been acted on or rejected at some point.

International cooperation remains a priority for CFA UK, though the direction of that work has changed somewhat from a European approach (through EFFAS) to a global approach (through CFA Institute). The strong foundation provided by CFA UK’s status as a leading member society of CFA Institute is a significant asset. A review of the past 60 years of Board minutes reveals the extent to which reorganizations (or considerations of mergers) have made it difficult for Boards to maintain their mission focus throughout those episodes.

The last decade has seen the society allocate increased resources to supporting professionalism in investment. There has been renewed close engagement with the regulator, standard-setters and policy-makers. The society has helped CFA Institute to promote a growing range of qualifications and codes to employers. New CPD and ethics support platforms have been launched.  These actions, in concert with continued increases in the numbers of CFA Program candidates, have seen the society’s membership grow from just under 5,000 to more than 11,000. Meanwhile, the society’s reserves have increased from £1.3m to £3.6m on the back of membership growth and the continued success of the IMC.

All of this has been achieved through the combined contributions of volunteers – most obviously through the efforts of more than 150 directors of the society who have served more than an aggregated 900 years. I am proud to have the opportunity to serve and support the society’s Board, committees and membership and am confident that my nine predecessors would say the same.

Will Goodhart
Chief Executive, CFA UK