Training and Competence of employees: Financial Services Skills Council consultation on reform of retail financial services performance standards

Resource type: Legal update: archive

Status: Law stated as at 22-Feb-2005

Jurisdiction: United Kingdom

The standards setting body for the financial services sector, the Financial Services Skills Council (FSSC), has issued a Consultation Paper on reform of retail financial services performance standards, as part of its reform of the National Occupational Standards that fall within its remit. The FSSC seeks the views of employers and other stakeholders on the following proposals: (1) A single framework will be formed for retail financial services performance standards incorporating standards for banking, building society activities, general insurance, long term insurance, investment administration and financial advice; (2) The framework will take the form of a "menu" that groups standards under common themes (such as customer care). Employers will be able to use the menu to select and profile the competence requirements of different roles within their businesses; and (3) the revised standards will be expressed in a new format that describes both performance and knowledge requirements. Comments on the consultation paper are requested by 28 April 2005.

Register for free access

To access this resource and thousands more, register for a free, no-obligation trial of Practical Law. Register using the button below, telephone +44 (0)20 7202 1220 or e-mail info@practicallaw.com.

A free trial will give you:

✔ Unlimited access to Practical Law online know-how
✔ Thousands of market standard documents and clauses
✔ Daily alerts and weekly update e-mails on key legal developments in your practice area
 

Register

Log in

To access this resource, log in below or register for free access.

Contact us

Our customer services team are available every working day 8.30am to 7pm (GMT).

Actions
Resource information
Show resource details Hide resource details
  • Resource ID: 7-200-3890
  • Law stated date: 22-Feb-2005
  • Products:  PLC UK Financial Services
Ask a question
Print
Related content
Related content
Topics
{ "siteName" : "PLC", "objType" : "PLC_Doc_C", "objID" : "1247246667557", "objName" : "Training and Competence of employees Financial Services Skills C", "userID" : "2", "objUrl" : "http://uk.practicallaw.com/cs/Satellite/7-200-3890?q=&qp=&qo=&qe=", "pageType" : "", "contentAccessed" : "false", "analyticsPermCookie" : "2-5c57fc84:13ede8431dc:-6e51", "analyticsSessionCookie" : "2-5c57fc84:13ede8431dc:-6e50", "statisticSensorPath" : "http://analytics.practicallaw.com/sensor/statistic" }