Retail Distribution Review (RDR)
The Financial Services Authority (FSA) launched its retail review in June 2006. The review targets the quality and standard of advice available to consumers in the financial services sector.
The FSA convened a number of industry Working Groups to investigate the issues and propose solutions. This work culminated in DP07/1 – A Review of Retail Distribution published in June 2007. The Securities & Investment Institute (SII) was one of nearly 900 stakeholders. The FSA published its RDR Feedback Statement in November 2008. Click here to access the FSA Feedback Statement and the SII Response. FSA’s resulting Consultation paper is due to be published in June 2009.
Please go to the Retail Distribution Review page for more details.
Certificate in Company Direction
The SII, in association with the Institute of Directors (IoD) is pleased to announce a new qualifications known as the Certificate in Company Direction. Find out more on the Certificate in Company Direction page.
Risk in Financial Services Qualification
This certificate unit has been devised to offer staff employed within financial services a broad understanding of the key risks that arise within financial services. The unit will cover general principles of business risk, the influence of corporate governance and UK and international regulation, techniques of risk management and will include operational, credit, market, investment and liquidity risks.
Risk in Financial Services has been developed in consultation with expert practitioners from leading global financial services firms, trade bodies and training providers to meet the needs of the industry.
The unit will be valuable to staff employed in risk-related roles as well as those from other disciplines who wish to gain a broad understanding of this increasingly pertinent subject.
The exam will be available from November 2009.
Please go to the Risk in Financial Services page for more details.
Certificate in Private Client Investment Advice & Management
The Certificate in Private Client Investment Advice & Management has been approved by OfQual as a standalone level 6 qualification. PCIAM meets the step-change requirements to QCA benchmark level 4 qualifications proposed in the FSA’s RDR Feedback Statement. The Certificate covers the four core areas required by the FSA which are: regulation and ethics; investment principles and risk; taxation; and planning.
Please go to the Private Client Investment Advice and Management page for more details.
Qualifications Interactive flowchart
To see the overall pathway from attaining competence to higher level qualifications and SII Membership, please visit the Interactive flowchart.
 | To visit the new website of the Chartered Institute for Securities & Investment, click cisi.org |
