Sesame Bankhall Group enhances examination support for advisers with online qualifications matrix

Examination support for Sesame and Bankhall members has been enhanced with the launch of a comprehensive qualifications matrix to help guide advisers through the different routes available.
The online matrix includes details of the approved Retail Distribution Review (RDR) qualifications announced by the FSA in its consultation paper 10/14. It has been created to enable advisers to compare ‘at a glance’ the range of options available, along with the total cost and amount of study hours recommended to achieve them.
Advisers have access to all the information they need to make the right choice in three easy steps:

1. Guidance on each qualification, including syllabus content and past papers with model answers; 
2. Information on how to obtain study materials and available discounts;
3. Details of how to book on to the examinations.

Detailed guidance is important given the greater flexibility that advisers now have, with future decisions not necessarily having to be determined by any legacy exams taken previously.
There are no easy options, but choosing a qualification that suits an individual’s existing skill base, knowledge and experience is key. Routes to consider include an option that is structured and time bound; one based on practical issues and ‘real life’ financial planning case studies; or one that concentrates mainly on technical knowledge.
Stephen Young, Chief Operating Officer for Sesame Bankhall Group, said: “Different examinations will suit different people and the key for advisers is to make an informed decision about which route is right for them. Our comprehensive qualifications matrix is a one-stop shop that guides advisers through the exam options available, whilst also enabling them to access revision support and take advantage of discounts negotiated by Sesame Bankhall Group.    
“The FSA has now published the list of approved qualifications and this means advisers have greater clarity and certainty over what is required. But that also means that the drive towards higher professional standards is here to stay, and the pressure on advisers to engage in this process, or risk running out of time, is intensifying.
“Choosing the right examination significantly increases the chances of passing first time. That is why we are committed to continually delivering expert insight, practical solutions and cost effective support.”
This latest development forms part of the comprehensive face-to-face, online and virtual training and development support offered by Sesame and Bankhall to help members with their examinations. The group also works closely with the UK’s leading product providers and professional bodies to deliver valuable support, as well as using its scale in the market to negotiate discounts for members, such as on study materials.
Recent initiatives include the launch of the interactive ‘My Qualifications’ service, which enables advisers following the CII route to build a personalised qualifications roadmap. Sesame also recently launched its RDR Forum to help IFAs prepare for life after 2012, such as moving to adviser charging.