bystander, I'd say there are enough facts to discuss this matter.
In the past they had to pass a few extra exams to be considered qualified in the UK compared to Spain then, as in Spain they were usually qualified after a degree or a year after. I'm not sure to what extent they studied things like stochastic modelling or derivatives at all, compared to standards of CT exams. Furthermore it's obvious they wouldn't have studied an SA type subject for a UK context & if I recall they had to sit an ST as well (bit hard to pass SA without having done ST anyway isn't it?).
If the IFoA have diluted the crossover requirements without corresponding improvement in the Spanish qualification requirements then that should concern everyone about the credibility of the qualifications we spend so much time and effort to achieve here in the UK.
Last edited by a moderator: Oct 13, 2016