Reviewed qualification
|
Ref |
Qualification title |
Level |
Credits |
|
2315 |
New Zealand Certificate in Financial Services (Level 5) with strands in Financial Advice, Investment, Life and Health Insurance, General Insurance, Residential Property Lending, Personal Lending, Banking, and Trustee Services |
5 |
60 - 75 |
Review information
|
Review completed by |
The Skills Organisation |
|
Reason for the review |
Scheduled review |
|
Date new version listed |
January 2019 |
|
Next qualification review date |
January 2024 |
|
Summary of review and consultation process |
|
A series of meetings was held with industry specialists between March and October 2018. This group considered the GPOs of the qualification core and strands. Overall, the group required only minor changes to refine wording for easier understanding by the relevant audiences and re-organise some of the content to allow more straightforward progress and completion. |
|
Main changes resulting from the review |
|
The detailed content of the Financial Advice strand was re-distributed into Core, and each of the remaining strands as appropriate, and the strand names were updated. The credit range for the qualification was reduced accordingly. The graduate outcomes – what a graduate can collectively be, do, and know – are inherently unchanged following review. For this reason, the qualification has been reviewed and version 2 has been listed. |
Review outcome – changes are in bold.
|
Ref |
Qualification title |
Outcome category |
|
2315 |
New Zealand Certificate in Financial Services (Level 5) with strands in, Financial Advice, Investment; Life, Disability, and Health Insurance; General Insurance; Residential Property Lending; Personal Lending; Banking; Trustee Services New Zealand Certificate in Financial Services (Level 5) with strands in Investment; Life, Disability, and Health Insurance; General Insurance; Residential Property Lending; Personal Lending; Banking; and Trustee Services |
B |
Qualification Review categories (KEY)
|
Outcome |
Result |
Category |
|
No changes are identified to the qualification |
Qualification version number and NZQF ID remain the same. New review date is required. |
A |
|
Minor changes are identified to the qualification |
New version of qualification is required (NZQF ID remains the same). New review date is required. |
B |
|
Significant changes are required to the qualification |
New replacement qualification is required with a new NZQF ID. The existing qualification will expire. |
C |
|
The qualification is no longer required be industry |
The qualification will expire without replacement. |
D |
Transition information
The last date for assessments to take place for version 1 of this qualification is 31 December 2022.
It is anticipated that no existing candidates will be disadvantaged by these transition arrangements. However, anyone who feels that they have been disadvantaged may appeal to:
The Skills Organisation
FREEPOST 5164
PO Box 24469
Royal Oak
Auckland 1345
Telephone: 09 525 2590
Email: reviewcomments@skills.org.nz