INTEC School of Insurance offers new skills programmes for 2008

19 November 2007 INTEC School of Insurance

Financial advisers (FAs) who have to date not obtained their minimum credits for the FAIS Fit & Proper requirements, are now able to get fast off the starting block in 2008 by registering for the required skills programme(s) with INTEC School of Insurance.

As it is that time of year again when FAs need to start thinking about their training needs for the new year, INTEC School of Insurance has launched their new skills programmes for 2008 with the final cut-off for registration on 21 March 2008.

“We recommend that industry and FAs enrol in a training programme in early 2008 as balancing work and studying is a very big challenge facing FAs,” says Elmarie Jensen, head of INTEC School of Insurance.

“Workload has increased significantly with the advent of the FAIS Act and many companies have changed the way commissions are paid to FAs, which adds further pressure. This coupled with the fact that the learning material is of a high level and there are specific learning paths that FAs need to follow, one can’t afford to start late or think there is a quick fix.”

Herewith the skills programmes INTEC School of Insurance is providing for the following qualifications:

National Certificate in Financial Services Wealth Management, NQF 5:

Long Term Category C – first 60 credits

Collective Investments – first 60 credits

Health Services – first 60 credits

Further Education and Training Certificate in Financial Services Wealth

Management, NQF 4:

Long Term Category B – first 30 credits

Further Education and Training Certificate (FETC) in Short Term Insurance

NQF 4:

Short Term Personal Lines – first 30 credits

Short Term Commercial Lines - first 60 credits

About the Skills Programmes
Qualifications are curriculated into four to six skills programmes (SPs), with each SP consisting of two subjects that equal to approximately 30 credits if completed successfully. Each SP also consists of two formative assessments (assignments) and two 3-hour exam papers (summative assessments).

Advisers can enrol on one skills programme twice a year (provided they are found competent to move to the next programme). However, advisers must note that they have to complete the skills programmes in the order that they have been curriculated.

Intec School of Insurance has achieved an excellent competency rating in their previous learning programmes and has the national infrastructure to ensure that they can roll out these programmes effectively.

The material is of the highest standard and meets the South African Qualification’s Authority (SAQA) requirements. The skills programmes are also approved by INSETA’s Quality Assurance Body (INSQA).

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