Ali posted on July 14, 2010 10:52
The Financial Service Training Package was endorsed by the National Quality Council on 7 July 2010 and will be available shortly on NTIS as well as IBSA's Review & Feedback Register.
The new FNS10 Training Package includes 342 unique units of competency and 133 imported units. Fifty-one new FNS10 units have been developed to cover new skill requirements, to better reflect industry job roles and to meet regulatory requirements.
The package includes 51 qualifications covering all industry sectors plus a new skill set for financial literacy education.
The qualifications have undergone significant change from the previous structure. Most notable is the ‘unbundling’ of the insurance industry specialisations from the previous Certificate/Diploma/Advanced Diploma Financial Services generic qualifications. The previous Workers Compensation qualifications have also been extensively revised and retitled to better reflect the professional focus. There is also an additional personal injury management qualification at Certificate IV to cover important return to work management job roles.
New qualifications have been developed in banking to reflect emerging specialist pathways and the financial markets sector has a new qualification at Certificate IV to cover back office roles and two additional Diplomas to meet regulatory and legislative requirements in securitisation and anti-money laundering management. There is a new credit management Diploma and extensive changes to the Certificate IV to cover emerging licensing for credit providers that will impact across a range of industries.
IBSA will be running Professional Development workshops for Registered Training Organisations in the near future.
To register your interest in attending these programs, please contact the IBSA Events Team on: