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Can I get approved by the FCA if I am on a DMP?

hopesprings2015
hopesprings2015 Posts: 3 Newbie
in Debt-free wannabe
Can you pass the FCA Fit and Proper Test for financial soundness to be an employed IFA if you are on a debt management plan?

Comments

  • Sazzie23
    Sazzie23 Posts: 2,634 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker Post of the Month
    Hi Hope

    Maybe try posting in the DMP mutual support thread to see if anyone there has experience in this. Alternatively I think we had someone who posted a similar issue and contacted their union for advice.

    Good luck with it.
    Debt -it's a fight that I'm winning, dealing with debt one day at a time.
    Estimated DFD August 2018 - 2031 - now 2027 :T
    Guide dog Tess, missing Scotland 2 years
    DMP support no438.
  • Time_to_face_the_music
    Time_to_face_the_music Posts: 5,454 Forumite
    Debt-free and Proud! Mortgage-free Glee!
    I don't know the answer to this but am just bumping it back to the first page in case anyone can help.
    LBM 10/1/12 ~ DFW Start 6/2/12: £82,344 ~ Now Zero
    :staradmin:starmod::staradmin Debt free 17th April 2015 :staradmin:starmod::staradmin
    Eternal thanks to the DMP & Mutual Support (no.439) and Payment a Day Threads
    Mortgage free 3rd July 2014 - Grateful thanks to the 2013/14 MFW threads
    "Debt is normal. Be weird!" Dave Ramsey
    Proud to have dealt with our debt :)
This discussion has been closed.
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