Mortgage adviser's assessing competence tool

Assessing Competence: MORTGAGES
Online assessment tool for assessing advisers’ mortgage knowledge and identifying areas for further training.

Assessment details
4 assessments of 15 questions. Each assessment can be taken once at any time over a 12 month period.

The assessments are graded as:

Grade A: Distinction 90% to 100%
Grade B: Score between 70% and 89%
Grade C: Score between 55% and 69%
No grading achieved - score below 55%

Question difficulty is set at certificate level.

Click here for 5 sample questions and answers

Benefits

• For corporate purchasers there is no time consuming and costly administration required to maintain and administer your own question banks and testing process.
• A simple way to check and verify that advisers are maintaining the required level of knowledge.
• Immediate notification of results.
• Email sent to user on completion of each assessment detailing the results. For all incorrectly answered questions a list of the question(s), your answer(s), correct answer(s) and business area that question(s) covers. On request we can also arrange for a third party such as an office manager to be copied in on results.
• Automated printable CPD certificate produced showing all results and allocation of 15 minutes CPD time for each completed assessment.
• Firms can set their own targets, for example “Each adviser must take all the assessments and obtain at least 1 grade B (or above) over a 12 month period”.
• More stretching assessment targets can be set for each adviser the following year based on their previous results.
• Position in database advised on the results page after completing each assessment so user can compare their performance with others in the industry.
• Demonstrate to the firm and the regulator that advisers/technical staff are maintaining the industry benchmark technical competence requirements .

If you have any questions please contact us.

Kind regards

Wizard Learning
www.wizardlearning.com

Wizard Learning is run by Mike Goldsmith a Chartered Financial Planner in association with a team of highly qualified, industry experienced individuals in order to assist finance professionals pass industry exams and help meet their CPD requirements. We provide a wide variety of online learning solutions for recognised industry qualifications as well as online training on key skills.

To view this and other latest news as webpages visit this link http://www.wizardlearning.com/latest_news.html