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Will
the modules be regularly updated?
Who authored the content?
Do I get a discount if I am a member of AMI or AIFA?
How do I access the training?
How often do I need to retake the training?
Do I need one license for each financial adviser?
How do I prove I am competent?
Can I go straight to the test?
How does the learning management system track who has done the training?
Can an individual take the test more than once?
How long does each module take to complete?
Can I have multiple users?
How long does my licence last?
How do I renew?
How do I purchase?
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| Will the modules be regularly updated? |
| Yes. Whenever there
is a change in regulations that affects a training module, the
module will be updated to reflect that change – usually
within a week of the relevant change taking place. All users
will be notified of any changes made, so that users who have
already completed the training are aware of the update. |
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| Who authored the content? |
| Depending on the
subject, the content has been written by the ifs
School of Finance, the British Bankers’ Association (BBA),
the Council of Mortgage Lenders (CML), and Navigant or by Absolutely Training. |
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| Do I get a discount if I am a member of AMI or AIFA? |
| A 10% discount is available for members. Simply enter your membership number when you subscribe to the courses. |
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| How do I access the training? |
| After payment, you will be sent a user name and password by e-mail. The e-mail will also contain a link to the web site. |
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| How often do I need to retake the training? |
| The FSA do not prescribe
a set period for competence training. However, best practice
within the market is that training should be conducted annually.
If you are familiar with the content then it is possible to
go straight to the test. |
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| Do
I need one license for each financial adviser? |
| The system records the
competence of an individual so that in the event that you need
to prove you have kept up-to-date with regulatory and compliance
requirements, you can point to your completed training plan.
If someone else uses the same username and password it will
not record a completion against their own name and could invalidate
your proof of competence. |
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| How
do I prove I am competent? |
| You only need to
take tests for those subjects that are appropriate for the advice
that you give. By passing a test you are proving that you have
enough knowledge in each particular area. |
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Can
I go straight to the test?
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| Yes it is possible
to take the test without doing the course. If you pass, then
you clearly have enough knowledge. If you fail, then it would
be necessary to look at the content to fill in any knowledge
gaps. |
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| How
does the learning management system track who has done the training? |
| If you are responsible
for several people’s training, the system will track each
one by name, and show who has completed the course test.. Nominated
“learning managers” within the organisation can
access these reports to identify who has completed the training,
who has passed the course test and who has failed the test.
The system
allows the organisation to schedule the sending of specific
reports (in a range of formats) to the learning manager’s
inbox on a regular basis. |
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| Can
an individual take the test more than once? |
| There is no limit on the
number of times each user may take the test or access the module
during the licence period. |
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| How
long does each module take to complete? |
| The time taken to complete
each module will depend on the individual and the content of
the course. Some of the more detailed courses may take up to
one hour to complete. |
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| Can
I have multiple users? |
| Yes, these will need to
be added individually one at a time. If you require more than
5 users please contact Absolutely Training by email on info@absolutelytraining.com. |
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| How
long does my licence last? |
| 12 calendar months from
registration, including any content updates during the period.
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| How
do I renew? |
| You will be sent an e-mail
reminder as the anniversary of your subscription approaches.
This will remind you to renew and give you details of the process
you need to follow. |
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| How
do I purchase? |
| The package can be ordered
online using a credit card by clicking the “Buy Now”
button below. |
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