Investor Relations Society to launch qualification in IR

The Investor Relations Society (IRS) is to launch the UK's first IR qualification.

IRS chairman Richard Bowler announced the move last week at the body's annual conference in a bid to meet demands from companies for an IR qualification.

The decision comes in the wake of the Enron scandal and the introduction of the Financial Services Authority's more stringent powers, which has seen companies calling for IR officers with financial or accountancy qualifications.

At the conference, Bowler said: 'It has become apparent that employers and practitioners would like to have something to distinguish the trained practitioner from the untrained one.

'Employers want the comfort of a qualification - even a basic one - to be certain they are doing all they can to minimise the prospect of falling foul of the FSA's new powers,' he added.

The IRS will work with the FSA to develop an exam based on the former's three-tier professional development programme.

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