Towards a benchmark qualification

Teresa Sayers argues there will be sufficient resources to drive a pilot introducing a work-based exam review that will increase standards

There has been a great deal of debate within the industry about the reform of the examination system for those working in the financial services sector. The idea behind the process is to set up a clear, industry-wide single qualifications framework, working in a transparent manner and with the expertise of the industry. The Financial Services Skills Council (FSSC) has recently carried out the first industry-wide consultation since the FSA handed over responsibility for completing the examination review to us. We have been impressed by the detailed and constructive feedback we have rec...