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CPD SYSTEM summary

2013-02-04T13:36:36Z

The benefits of the Wizard Learning online CPD system for you and your business
Continuing professional development is the cornerstone of on-going professionalism and has been recognised as essential to the maintenance of high quality services for many years.

As the financial services sector steps ever closer to the plate, the importance of CPD has increased to the point where it is now essential that high quality learning and revision is undertaken and provable for individuals providing services.

In order to maintain Statements of Professional Standing to enable financial advisers to continue in their profession, to retain designatory letters for members of professional bodies and to satisfy competency requirements imposed by the regulatory regime, everyone working in financial services needs to be able to provide evidence of competency and continual development.

Devising training plans and structuring CPD can be a challenge. Wizard Learning provides a framework for learning, recording and evidencing CPD activity with ease.

This means that you will be able to:

Outline your training and development needs
Describe the training you have undertaken
State the application and benefits flowing from the knowledge gained.

All this information can be stored in one place together with the evidence detailing what you have studied, test results to prove that the learning has occurred and evidence that CPD requirements have been met.

This material can in turn be used in furtherance of your career, obtaining a Statement of Professional Standing or demonstrating regulatory compliance with training and competency rules.

CPD SYSTEM
Our CPD SYSTEM is your ‘one-stop-shop’ where in addition to completing your gap fill requirements we can also help you to fulfil your ongoing CPD needs, see the CPD SYSTEM on our list of training modules HERE>>> for further details.

This link provides a more detailed summary of all the contents

Compliance online courses

Financial crime
Data protection
Complaints procedures
Retail distribution review

Specialist online courses

Workplace pension reform
Structured products

Video
This provides a quick tour of some of the pages in our CPD SYSTEM

RDR Gap Filling
The following PDF documents shows how our online diploma level courses also provide the required training material and assessments for RDR gap filling purposes:

Financial services, regulation and ethics
Investment principles and risk
Personal taxation
Pensions and retirement planning

Monthly CPD update and assessment
Our CPD SYSTEM includes a monthly online CPD update providing a summary of key industry developments. This includes an online assessment to demonstrate your understanding and record your CPD time. After taking each monthly assessment your CPD certificate will be updated with your result and 1.5 hours of CPD.

All your assessment results and incorrectly answered questions will be emailed to you so that you can keep a copy for your records.

Professionalism video
This covers the professionalism and gap fill requirements that advisers need to have in place by 1 January 2013

Learning to Learn Video
This provides information on the 5 learning skills online course that are included in our CPD SYSTEM

See the CPD SYSTEM on our list of training modules HERE>>> for further details.

FREE Learning to Learn - 5 skills courses

2012-11-28T09:50:22Z

Our "Learning to Learn" package is provided FREE when you purchase any training module and contains all 5 of these learning skills courses:

How to Improve Your Time Management for Learning Skills
Online training course that will teach you how to improve your time management for learning skills. It includes 9 chapters of text and incorporates test your knowledge questions as you work your way through each section in the course.

How to Improve Your Exam Skills
Online training course that will teach you how to improve your exam skills and includes 9 chapters of text. This course also incorporates audio allowing you to listen online or download to your MP3 player or iPod and animated audiovisual presentations of the full course.

How to Improve Your Reading Skills
Online training course that will teach you how to improve your reading skills and includes 9 chapters of text.

How to Improve Your Memory and Mental Agility Skills
Online training course that will teach you how to improve your memory and mental agility skills and includes 9 chapters of text.

How to Improve Your Study Skills
Online training course that will teach you how to improve your study skills and includes 9 chapters of text.

Watch this presentation for more details:

All training modules purchased from our training directory, that can be viewed here, will automatically include the Learning to Learn package containing the 5 online skills courses.

Data Protection Online Course

2012-11-16T14:16:55Z

The course covers the Data Protection Act 1998 and how it applies to firms operating in the regulated sector.

The purpose of the course is to provide sufficient knowledge on the rules, regulations and guidance for those working within the regulated financial services sector.

Syllabus learning objectives
By the end of this course, you will:

Understand the purpose of the Act
Be able to explain what information falls under the Act
Know what is expected of firms in respect of data security
Know what rights data subjects have under the Act.

Content
The course is made up of these 10 chapters:

Data Protection Course Introduction

Background

Penalties

Definitions

Principles

Security

Subject Access

Registration

Sharing data

End of Course Assessment

Assessment details
The course assessment contains 10 questions taken at random from a question bank. Your results will be emailed to you on completion and your CPD certificated updated and 1.5 hours CPD time will be added.

You will need to get 70% (7 or more questions correct) or more to pass. If you fail then further assessments can be taken.

Purchasing and cost
See here for more information on this Data Protection online course and our other training modules together with our CPD SYSTEM (which includes access to this course and other compliance related courses).

Discounts are available when your purchase includes 2 or more training modules.

The benefits of the Data Protection online training course for you and your business
Firms that deal with personal information about their customers must be registered data controllers and as such they make various promises to the Information Commissioner with regard to compliance with the Data Protection Act 1998.

It is critical that all those involved in the processing or keeping safe of this data are aware of the laws that apply.

Firms can face heavy fines for breaches of the Data Protection Act and those handling data must be aware of the pitfalls of mis-directed marketing, allowing contact from third parties and passing information to other firms. Some passing of information is expressly forbidden whilst other sharing is entirely allowable. Knowledge in this area is essential in nearly all areas of business in order to avoid loss of reputation and potentially severe sanctions.

This is what you will find out:

What counts as protected data
What rights do your customers have in respect of their data held by you?
Why you need to take good care of customer data
What you must be careful about sending when you are marketing
When you can pass personal information to third parties.

Financial Crime online course

2012-11-02T10:22:29Z

The benefits of the Financial Crime on-line training course for you and your business
Financial crime is very high on the regulatory agenda and there are many criminal offences involved. Although the world of criminality may seem remote from the average financial services firm, it has been well documented that criminals, terrorists and tax avoiders make use of financial services to disguise the proceeds of crime.

Rigorous procedures are necessary to identify potential misdemeanour and due to the fact that criminals are not labelled, these procedures have to be routinely applied in all business dealings in order to eliminate or minimise the risks posed to businesses and individuals.

The regulatory regime is therefore stringent and exacting with penalties for those who fail to adhere to precautionary measures even though this may be through ignorance of the law. As we know, this cannot be a defence and so it is important that those active in the marketplace are aware of the laws that apply. Understanding why the procedures exist and the offences that may be involved is key to managing the regulatory risk in the business.

This is what you will find out:

Offences that are created by the various applicable statutes
Steps that firms can take to identify and avoid risks
How to identify potential financial crime
How potential circumstances should properly be reported
Why steps need to be taken to correctly and formally identify customers.

Purpose of the course
The purpose of the course is to provide sufficient knowledge on the background and to deal mainly with the regulations relating to money laundering for those working within the regulated financial services sector. It also touches on other legislation concerning financial crime such as the Terrorism Act 2000 and the Bribery Act 2010.

The course takes full account of the Money Laundering Regulations 2007 implemented following the EU Third Money Laundering Directive. These do not apply to all types of firm authorised and regulated by the FSA, insurance brokers for example are not covered, so the course will also deal with the general laws that apply in respect of financial crime.

Syllabus learning objectives
By the end of this course, you will:

Be able to explain the concept of money laundering and its impact on the financial services sector and the economy as a whole
Be able to identify correctly and explain the law concerning money laundering
Understand how the law in relation to financial crime impacts upon the work you carry out in terms of procedures and your responsibilities.

Content
The course is made up of these 12 chapters:

Financial Crime Introduction

What is Financial Crime?

Money Laundering Regulations

Other legislation dealing with financial crime

Client Identification

The role of the Financial Services Authority (FSA)

The Bribery Act 2010

The Joint Money Laundering Steering Group (JMLSG)

Record Keeping and Training

Money laundering and bribery case studies examples

How can you apply practically what you know about tackling financial crime?

End of Course Assessment

You will need to get 70% (7 or more questions correct) or more to pass. If you fail then further assessments can be taken.

Purchasing and cost
See here for more information on this Financial Crime online course and our other training modules together with our CPD system (which includes access to this course and other compliance related courses).

Discounts are available when your purchase includes 2 or more training modules.

R01 - R05 courses for exams & gap fill

2012-01-25T13:58:20Z

Online course demonstrations for R01, R02, R03, R04, R05

The demos show the chapters and sections within the chapters which you can view using our easy to use navigation system. These demos have restrictions, by purchasing you will get access to the audio, audiovisual presentations and assessments features.

Diploma in Regulated Financial Planning

Online Multimedia Courses

A short audiovisual tour
R01 Financial services, regulation and ethics
R02 Investment principles and risk
R03 Personal taxation
R04 Pensions and retirement planning
R05 Financial protection

These 5 online multimedia courses cover in detail all the learning outcomes from the FSA's final RDR paper. They are therefore suitable for exam study, CPD and gap filling purposes.

You can also access these 5 courses together with our monthly CPD update and assessment service.

See our training directory for a full listing and prices of the training modules. A discount is available where more than one training modules is purchased.
The online course "How to Improve Your Study Skills" is included FREE with all online course purchases.
The online multimedia course "How to Improve Your Exam Skills" is included FREE with all Gap Analysis and Assessment Tool purchases.

Good luck with any studies and gap filling.

Wizard Learning Team

www.wizardlearning.com provider of award winning training and CPD for financial advisers and financial services professionals

We are committed to helping those involved in the financial services industry and advisers in particular gain higher level qualifications and maintain this knowledge through effective continuous professional development.

R01 to R05 assessments

2012-01-25T09:26:01Z

Wizard Learning online regulated diploma assessment packages
The following assessment packages for R01, R02, R03, R04 and R05 are now available to help you pass your RDR exams, click on the links for more details.

R01 Financial services, regulation and ethics: Gap Analysis & Assessment Tool

R02 Investment principles and risk: Gap Analysis & Assessment Tool

R03 Personal taxation: Gap Analysis & Assessment Tool

R04 Pensions and retirement planning: Gap Analysis & Assessment Tool

R05 Financial Protection: Gap Analysis & Assessment Tool

We have designed this short audiovisual presentation to demonstrate all the features and benefits of using our Gap Analysis & Assessment Tool for the regulated diploma exams.

See here for our full directory of training modules.

R01 to R05 online courses

2011-10-09T09:21:08Z

Wizard Learning online RDR support
The following online training courses for R01, R02, R03, R04, and R05 are now available to help you pass your regulated diploma exams or to assist with your CPD and gap filling, click on the links for more details.

R01 Financial services, regulation and ethics: Online Multimedia Course

R02 Investment principles and risk: Online Course

R03 Personal taxation: Online Multimedia Course

R04 Pensions and retirement planning: Online Multimedia Course

R05 Financial Protection: Online Multimedia Course

CPD system: Includes 5 Online Diploma Courses (R01 - R05) & monthly CPD update service

See here for our full directory of training modules.

R04 assessments

2011-08-19T11:57:46Z

R04 Pensions and retirement planning – Gap Analysis and Assessment Tool

This tool is designed to provide you with exam standard questions and answers delivered online in an environment similar to the real computer based exam. It includes numerous additional features to assist you with your revision and exam preparation. This is an ideal companion to our Multimedia Online Course, both are designed to complement each other and provide you with a complete package to guide you to exam success.

Assessment details
You can chose from these 4 assessment types:

25 or 50 questions delivered in revision style
25 or 50 questions delivered in exam style

Revision style allows you to view the answer after every question. With the exam style you complete all the questions in the same manner as you do in the actual exam.

Both styles include all these features:

Total marks scored and percentage
Marks and percentage scored for each learning outcome
Questions you answered incorrectly along with the correct answer are detailed against each learning outcome
Ability to print the results report detailing the above information
Your average marks are benchmarked against others using this module
Your statistics and study time are included on your personalised learning log/CPD certificate - you can view and print this at any time.

Try our 5 question revision style demo

Account information: A discount is available if you purchase our Multimedia Online Course at the same time as this Gap Analysis and Assessment tool. A free online course “How to Improve Your Exam Skills” is included with this purchase. Access is provided for 6 months for a single training module and 9 months where 2 or more training modules are purchased at the same time. Click on the buy account link to view the current prices.

Questions per assessment: Each assessment includes similar weightings and mix of question style (standard and multiple response) per learning outcome that you will receive in the actual exam. We have designed the system so that if you select a 50 question assessment in exam style this will be similar to the real computer based exam. The 25 question assessment is 50% of a full exam.

Questions: There are 300 questions in the database with 26% being in multiple response style (more that one answer option is correct) to match the exam assessment format. Our system records the questions you have viewed so that they are not repeated until you have worked you way through the full question bank. An ongoing tracking of the questions delivered ensures that a different mix of questions is included in each assessment and that the questions do not repeat quickly. Questions are written and reviewed by subject knowledge experts with many years experience in training and exam setting.

Flexible navigation: Allowing you to skip and tag questions to revisit and review before completing the assessment.

Timer: A clock shows the expected and elapsed time for each assessment. You can however take as long as you need to complete each assessment.

Recovery feature: If you leave an assessment part way through the system will return you to the same point when you next return.

CII R04 exam information

50 questions spread across 8 main learning outcomes
36 of the questions are in standard multiple-choice format where you select the correct answer from 4 possible answers
14 of the questions are in multiple response format (more than one option is correct and there can be up to 6 options). You must select all the correct options to gain the mark.
Exam is taken on a computer at a CII designated test centre
Pass mark is 65% with results being given immediately at the end of the exam
1 hour is allowed to complete
10 credits allocated on passing
Year round optional exam dates at CII test centres.

Our online learning allows you to access your training wherever you are from any computer at any time.

R02 assessments

2011-08-07T12:43:29Z

R02 Investment principles and risk – Gap Analysis and Assessment Tool

25, 50 or 100 questions delivered in revision style
25, 50 or 100 questions delivered in exam style

Revision style allows you to view the answer after every question. With the exam style you complete all the questions in the same manner as you do in the actual exam.

Both styles include all these features:

Total marks scored and percentage
Marks and percentage scored for each learning outcome
Questions you answered incorrectly along with the correct answer are detailed against each learning outcome
Ability to print the results report detailing the above information
Your average marks are benchmarked against others using this module
Your statistics and study time are included on your personalised learning log/CPD certificate - you can view and print this at any time.

Try our 5 question revision style demo

Account information: A free online course “How to Improve Your Exam Skills” is included with this purchase. Access is provided for 6 months for a single training module and 9 months where 2 or more training modules are purchased at the same time. Click on the buy account link to view the current prices.

Questions per assessment: Each assessment includes the correct weightings and mix of question style (standard and multiple response) per learning outcome that you will receive in the actual exam. We have designed the system so that if you select a 100 question assessment in exam style this will be similar to the real computer based exam. The 50 question assessment is 50% of a full exam and the 25 question assessment is 25%.

Questions: There are 300 questions in the database with 34% being in multiple response style (more that one answer option is correct) to match the exam assessment format. Our system records the questions you have viewed so that they are not repeated until you have worked you way through the full question bank. An ongoing tracking of the questions delivered ensures that a different mix of questions is included in each assessment and that the questions do not repeat quickly. Questions are written and reviewed by subject knowledge experts with many years experience in training and exam setting.

Flexible navigation: Allowing you to skip and tag questions to revisit and review before completing the assessment.

Timer: A clock shows the expected and elapsed time for each assessment. You can however take as long as you need to complete each assessment.

Recovery feature: If you leave an assessment part way through the system will return you to the same point when you next return.

CII R02 exam information

100 questions spread across 11 learning outcomes
66 of the questions are in standard multiple-choice format where you select the correct answer from 4 possible answers
34 of the questions are in multiple response format (more than one option is correct and there can be up to 6 options). You must select all the correct options to gain the mark.
Exam is taken on a computer at a CII designated test centre
Pass mark is 65% with results being given immediately at the end of the exam
2 hours are allowed to complete
20 credits allocated on passing
Year round optional exam dates at CII test centres.

Our online learning allows you to access your training wherever you are from any computer at any time.

R04 Online multimedia course

2011-07-19T14:45:25Z

R04 Pensions and retirement planning - Online Multimedia Course

This Online Multimedia Course comprehensively covers the R04 syllabus in a clear and user-friendly way. All the knowledge you need for exam success is packed into the course and is presented in manageable and easy to read sections.

Included are:

8 chapters of online study notes linked to the relevant syllabus learning outcomes
Easy user-friendly navigation between the chapter and sections within each chapter
Interactive knowledge tests to check your understanding as you work your way through each section
Revision assessments for each chapter
Selection of animated audiovisual presentations (total viewing time 1.5 hours), also available as online audio and audio downloads to your MP3 player/iPod (1.5 hours listening time) that cover a selection of topics spread across the course
Your statistics and study time are included on your personalised learning log/CPD certificate you can view and print this at any time.

All our learning material is written and reviewed by subject knowledge experts with many years experience in training and exam setting.

Sample audiovisual presentation from a section in the course

Account information: A free online course “How to Improve Your Study Skills” is included with this purchase. Access is provided for 6 months for a single training module and 9 months where 2 or more training modules are purchased at the same time. Click on the buy account link to view the current prices.

CII R04 exam information

50 questions spread across the 8 learning outcomes
35 of the questions are in standard multiple-choice format where you select the correct answer from 4 possible answers; 15 of the questions are in multiple response format (more than one option is correct and there can be up to 6 options). You must select all the correct options to gain the mark
Pass mark is 65% with results being given immediately at the end of the exam
1 hour is allowed to complete
10 credits allocated on passing
Year round optional exam dates at CII test centres.

Our interactive multimedia online learning allows you to access your training wherever you are from any computer at any time.