This fully online solution addresses the requirements of both the MCCB and FSA Fitness & Competence regimes for ongoing monitoring of all advisers and for the delivery of appropriate ongoing training.
The Competent Adviser software utilises a comprehensive database of syllabus-based learning material and related question banks, together with an extensive range of regulatory and other relevant material.
By using this system, Network Data is able to offer individual online assessment, highly targeted training and full regulatory audit trails at a significantly lower cost than traditional methods, helping to keep the costs of network membership as low as possible.
Richard Griffiths, Managing Director of Network Data explains…
‘The deployment of the Competent Adviser software is a further example of how we continue to invest in our network proposition for the long term benefit of our Appointed Representatives. The online nature of this solution enables us to meet the regulatory requirements for regular adviser assessments and training without the need to take our members away from their day to day business activities.’
Competent Adviser Managing Director Chris Heard says …
‘Our T&C solution and complementary training & consultancy services are designed to help firms meet the new training and competency requirements with minimum fuss and at a manageable cost. We are delighted to have been chosen by Network Data and look forward to working with them in the lead up to full FSA regulation’
