Professional IQ launches level five version two

Professional IQ College (PIQ) is now open for enrolments for version two of the New Zealand Certificate in Financial Services (level five).

Monday, May 25th 2020, 4:23PM

“We’re working towards a fully qualified financial advice profession that is highly regarded and sought-after by Kiwis. Our new NZCFS (level five) qualification, supported by our expert distance learning team, is our latest step in that journey,” said chief executive Rod Severn.

The college’s distance learning team provides ongoing support for level five advisers, including a dedicated student liaison co-ordinator and assessor.

“Distance learning provides important support for advisers; it’s not like online learning in which advisers essentially go it alone. At Professional IQ College every adviser is supported by a learning plan and is assigned a student liaison co-ordinator. The student liaison co-ordinator is available five days a week for questions, and conducts a monthly one-on-one session to help advisers keep their level five learning on track,” Severn said.

“Their assessor is readily available to help with queries and feedback on assessments submitted.”

Severn said the new version of the NZCFS (level five) qualification included the latest technical and regulatory content and important improvements in the learning process for advisers.

“For example, the financial advice elective module – which covered the financial advice process for all areas of advice – has been removed. Now, in version two, the financial advice process is covered in more specialist detail in the relevant specialty stream, for example residential property lending.

“Also, the mandatory core module now covers the legislative framework examination (previously in the financial advice strand), and is based on the Financial Services Legislation Amendment Act and changes to the Financial Markets Conduct Act. As well as catering for new advisers, the updated qualification also better reflects the learning needs of experienced advisers,” says Severn.

“Rather than relying only on theoretical and technical content, in version two advisers can demonstrate their knowledge through a portfolio of evidence to show how they applied that knowledge to real-life clients,” he said. “And of course, for advisers new to the profession, case study material is provided.”

The college is the first NZQA-accredited private training establishment (PTE) to launch version two of the New Zealand Certificate in Financial Services (level five) qualification.

Tags: level five Professional IQ Rod Severn