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Institute of Financial Services launches online universal gap-filling tool

Thursday, December 08, 2011

by: Matt Beasley

The Institute of Financial Services has launched a universal gap-filling tool for Financial Advisers who hold any of the FSA’s approved Level 4 transitional qualifications, including qualifications from other awarding bodies.  And like their recently announced online SPS service, the universal gap-filling tool is available to members and non-members alike.  The gap-fill tool extends the suite of RDR related services on offer from the Institute, with Level 4 qualifications such as the Diploma for Financial Advisers (DipFA) and SPS.

Anne Kiem, Chief Executive at the Institute of Financial Services said:

“I’ve been travelling the country over the last few weeks talking to advisers about the RDR and how it affects them.  Gap-fill or qualification top-up is something which comes up again and again.  We already have a gap-fill tool for anyone who has sat our transitional DipFA and now we can offer a simple but comprehensive one size fits all solution for those who’ve completed other qualifications.”

The universal gap-filling tool enables advisers to identify topics where they need to update or gain new knowledge and provides focussed learning to address the knowledge gaps. The tool also provides confirmation, through testing, that the knowledge has been attained. In line with other elements of the RDR suite, the tool is available online and provides an industry focussed, cost-effective and user friendly approach to meeting FSA requirements.

Further information, including a free trial, can be obtained via: www.iofs.org.uk/GapFill

ENDS

Notes to editors:

ifs School of Finance

The ifs School of Finance is a registered educational charity incorporated by Royal Charter. It has a remit to provide the financial services industry with a skilled, effective and competent workforce whilst also promoting a better understanding of finance amongst consumers.

The ifs is the only educational body with a specific focus on finance that has the power to award its own degrees. Its formal qualifications range from GCSE and A Level equivalents for the 14–19 age group, to Degree and Masters programmes for financial professionals. The ifs also offers professional development, competence maintenance and executive education programmes through its alumni membership services.

Please ensure the letters “ifs” appear only in lower case to avoid confusion with the Institute for Fiscal Studies (often referred to as the “ifs”) with whom we have no association.

For further information, please contact Mr Matt Beasley (Media Relations Manager at the ifs School of Finance) on 020 7444 7103 or e-mail mbeasley@ifslearning.ac.uk

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