Field: Banking, Finance and Related Fields
Change report for the review of New Zealand Certificate in Financial Services (Level 4)
Reviewed qualifications
|
[Ref] |
Version |
Qualification title |
Level |
Credits |
|
2247 |
1 |
New Zealand Certificate in Financial Services with strands in Banking, Family/Personal Budgeting, and Insurance |
4 |
60 |
Review information
|
Qualification Developer |
The Skills Organisation |
|
Reason for the review |
Scheduled review |
|
Review date |
January 2021 |
|
Outcome date |
January 2021 |
|
Next review date |
N/A |
|
Summary of review and consultation process |
|
The review was conducted between March and September 2020. Consultation consisted of engagement and feedback by email. Stakeholders included educators, employers, and industry bodies. Feedback received was that the qualification serves no current purposes, is not likely to, and should be discontinued. |
|
Main changes resulting from the review |
|
Qualification set to discontinue, without replacement. |
Review outcome
|
Reference |
Version |
Reviewed qualification |
Outcome category |
New qualification details/version (if applicable) |
|
2247 |
1 |
New Zealand Certificate in Financial Services with strands in Banking, Family/Personal Budgeting, and Insurance |
D-Qualification will expire with no replacement |
2247-2 (to be discontinued) |
Qualification review outcome categories
|
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 by industry |
The qualification will expire with no replacement. |
D |
Transition information
|
Reference |
Version |
Qualification title |
Last date of entry* |
Last date of assessment |
|
2247 |
1 |
New Zealand Certificate in Financial Services (Level 4) with strands in Banking, Family/Personal Budgeting, and Insurance |
31/12/2021 |
31/12/2023 |
*only required for outcome category C or D
Any additional information
|
It is not intended that any existing candidate be disadvantaged by these transition arrangements; however, anyone who feels they have been disadvantaged can appeal to: The Skills Organisation FREEPOST 5164 PO Box 24469 Royal Oak Auckland 1345
Email: reviewcomments@skills.org.nz
|