Financial Services

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A career in Financial Services

Skills offers professional development to help you or your team members meet regulatory competency requirements to become a recognised financial adviser with New Zealand’s Financial Markets Authority. This qualifies you to work within the associated specialisations such as Banking, Investment, Insurance, Personal Lending and Residential Property Lending.

Competency requirements

The current legislative regime for Financial Services came into effect on 15 March 2021. All financial services practitioners in New Zealand must conform to the Code of Professional Conduct for Financial Advice Services.  The code requires that those giving financial advice must meet the outcomes of the New Zealand Certificate in Financial Services (NZCFS), Level 5, version 2.

The code allows for alternative qualifications to be used to demonstrate competence if they have been independently verified as meeting the outcomes of the NZCFS.

The current legislation also has a competency safe harbour until 16 March 2023 for those who are registered or authorised to provide advice under the Financial Advisers Act 2008 regime. This provision will help to ensure that qualification holders or current learners are not disadvantaged as a result of the new legislation.

More information about the Code

How can I meet the competency requirements?

Skills can work with you or your company to identify the qualifications and training organisations that meet your needs.

Alignments

We can work with organisations to identify how your internal training and related processes align to qualifications

New Zealand Certificate in Financial Services (Level 5) version 2

Gain the qualification you need through our training provider partners

Alternative Pathway for Individuals

We have an assessment process for people who want to demonstrate they meet the requirements of the Code

Why choose Skills?

We have been the standard setting body for the Financial Services industry for over nine years and our qualifications are developed in consultation with industry.

We worked with the Financial Markets Authority to develop the framework for alternative pathways to meet the new Code of Professional Conduct for Financial Advice Services.

Our programmes can help you:

As an organisation

  • Help staff gain formal recognition for their capabilities and meet all regulatory requirements
  • Increase customer retention due to better quality support
  • Improved staff engagement

As an individual

  • Upskill in the way that best fits you – classroom-based, online facilitated, or self-paced online learning
  • Demonstrate competency at the level required to meet the Code requirements
  • Reduce mistakes and improve productivity

Aligning your organisation’s training

Skills can work with organisations to identify how your internal training and related processes align to qualifications.

If your company already has strong internal training, alignment could be a great option. An alignment involves a Skills assessment specialist looking at your company’s induction programmes, training and structured learning and mapping this to the competencies needed to gain a National/New Zealand qualification.

Fill out the form on the right and we’ll contact you to walk you through your options.

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The Current Training Providers offering the New Zealand Certificate in Financial Services (Level 5) version 2 are:

Professional IQ College

Professional IQ College is an NZQA accredited training provider that offers the New Zealand Certificates in Financial Services, Levels 4 and 5.

Qualifications are delivered via an online distance learning dashboard that provides access to study guides and assessment documents anytime.

Strategi Institute

Strategi Institute is an NZQA accredited training provider that offers the New Zealand Certificate in Financial Services, Level 5.

Their courses are available via online learning, distance learning, classroom learning or one-on-one private coaching.

The Open Polytechnic of New Zealand

The Open Polytechnic is an NZQA accredited training provider that offers the New Zealand Certificates in Financial Services, Levels 4 and 5.

Programmes are delivered via online distance learning that provides access to all materials needed, so that students can study at any time.