Field           Service Sector

Revision of Financial Services – Professional Practice skill standard

Subfield	Domain	ID
Financial Services	Financial Services - Professional Practice	40659

Ringa Hora Services Workforce Development Council has completed the revision of the skill standard listed above.

Date new versions published                                                               August 2025

Planned review date                                                                              December 2030

Summary

Version 1 of 40659 was published in May 2025 as part of the standards review under the domain Financial Services - Professional Practice. Programme development identified that a revision was required to this standard to correct the credit value that was assigned at registration.

Main changes

· 40659 was revised from 15 credits to 20 to include 5 credits that were missing from Version 1 of the skill standard.

· An assessment criterion was edited and supporting indicative content was added to align with the 5 extra credits.

The last date for assessment for version 1 of this standard is 31 August 2025.

Detailed list of standards – classification, title, level, and credits

All changes are in bold.

Service Sector > Financial Services > Financial Services - Professional Practice

ID	Title	Level	Credit
40659	Analyse client information to develop recommendations for life, disability, and health insurance needs	5	20