CII get QCA examination accreditation for support staff examination

Designed to meet the knowledge needs of life and pensions administrative staff, the examination consists of two units:-

Part 1: FP1 – Financial services and their regulation, and

Part 2: either FA1 – Life office administration

or FA2 – Pensions administration

Paul Turner, CII Qualifications Development Manager, commented: “With the Skills Council’s recent announcement that it is launching an initiative this summer to research the feasibility of a support services exam, QCA approval of the Certificate in Financial Administration means that employers can be confident that a recognised course is already in place to meet the training needs of their back office staff.”

He added: "There is also an FSA requirement that any staff who oversee certain administrative functions have to pass an approved examination. FAFC meets this criteria as it is already an approved examination under the FSA Training & Competence rules.”

The Certificate in Financial Administration has been accredited at Level 3 by the QCA. The CII already has QCA accreditation for its Financial Planning Certificate and Mortgage Advice Qualification (Certificate in Mortgage Advice).

In order to achieve accreditation, the CII has met and must adhere to a wide range of quality assurance criteria so that rigour and consistency in the awarding of qualifications is maintained. The regulatory authorities monitor all accredited organisations to ensure standards are maintained.