An assurance that the Certificate in Financial Services will remain fit-for-purpose caught the attention of Riskinfo readers this week…
Suggested updates to the current New Zealand Certificate in Financial Services (Level 5) will be submitted to the NZQA by the code committee reviewing the certificate by the year-end.
Among those on the committee is Executive Director of Strategi Group David Greenslade.
He said: “The revisions hold no red flags for both new and existing financial advisers, nominated representatives or financial advice providers.
“The primary objective is to update the existing qualification to align it with the industry’s needs over the next five years.”
Greenslade writes that once NZQA gives its approval to the revised qualification, a transition period will be set.
During this time, he says, education providers can continue offering the current qualification while they develop updated content and roll out the V3 qualification.
“The Code Committee continues to monitor the Code of Professional Conduct for Financial Advice Services and will decide if the minimum education standard needs to be amended,” said Greenslade.
Code Committee working group members
| Name | Organisation |
| Angi Mann | Professional IQ |
| Leanna Burnett | Open Poly |
| Tim Larkin | Professional IQ |
| Jillian Stewart | Professional IQ |
| Sarah Hassall | Open Poly |
| Mark Banicevich | Partners Life |
| David Greenslade | Strategi |
| Helia Whitaker | ANZ |
| Jeffrey Stangl | Massey University |
| Cedric Suifua | Willis Tower Watson |
Consultation group members
| Name | Organisation |
| Colleen La Touche | Kaplan Professional in partnership with Massey Business School |
| Rachelle HardieNeil | FSC |
| Raj Naidu | AIL New Zealand |
| Craig MulHolland | Apex Advice |
| Susan Grant | SHARE NZ |
| Angus Dale-Jones | Financial Code Committee |
| Romil Ghelani | Financial Markets Authority |
| David Rigg | Westpac |