Following the success of our Assessing Competence - CORE ADVICE tool see http://www.wizardlearning.com/Assessment_Centre.html we have now
launched an Assessing Competence - MORTGAGES tool that is detailed below.
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 .
Costs
Standard cost is £25 including VAT per user with discounts available for multiple users. If a firm has more that 5 users we are able to offer a discount. Contact us with numbers requiring access and we will confirm discounted price.
How do I purchase?
A simple three stage process that will allow you access in less than 3 minutes:
STAGE 1: Click here to register
STAGE 2: Then login and click on “Buy Accounts” from the menu
STAGE 3: Select your account and click on “Buy Account” then enter your details. All payments are collected through the Worldpay (Part of The Royal Bank of Scotland Group) secure server.
Note if you are already registered then login and follow stages 2 and 3.
If you have any questions please contact us.
