Menu

2024 Review of Financial Services Professional Practice Unit Standards

Scoping and Planning

Review of Financial Services Professional Practice Unit Standards

Scoping/planning for the review of the following unit standards is underway. Here is a link to access these on the NZQA website.

 

Unit

Standard

 

Level

 

Title

 

Credits

28362 5 Demonstrate and apply knowledge of key lending concepts and frameworks to a variety of lending situations in banking 5 Credits
28382  

5

Develop personal lending solutions to meet lending framework requirements and process a personal loan application  

5 Credits

28385  

5

Demonstrate and apply knowledge of market factors and key concepts affecting residential property to meet client needs  

5 Credits

28389  

5

Demonstrate the administrative responsibilities required under a trustee appointment  

5 Credits

 

31855

 

5

Demonstrate and apply knowledge of financial services legislation, good conduct, professionalism, and Six Step Process  

10 Credits

31856  

5

Demonstrate and apply knowledge of the financial services sector to provide financial advice solutions  

8 Credits

31857  

5

Demonstrate and apply knowledge of key factors in the economic environment to provide financial advice solutions  

7 Credits

 

 

31858

 

5

Interpret and explain provisions in the regulatory framework in a financial advice services context  

10 Credits

 

31859

 

5

Demonstrate and apply knowledge of the investment services environment and concepts  

5 Credits

31861  

5

Gather and analyse information to determine client investment needs  

7 Credits

31862  

5

Demonstrate and apply knowledge of investment assets, services, and financial instruments to meet client needs  

8 Credits

31863  

5

Demonstrate and apply knowledge of economic factors to provide investment solutions  

5 Credits

 

31864

 

5

Provide advice in an investment context using the Six Step Process  

5 Credits

31865  

5

Demonstrate and apply knowledge of the life, disability, and health insurance services environment and concepts  

5 Credits

 

31866

 

5

Gather and analyse information to determine client life, disability, and health insurance needs  

7 Credits

 

31867

 

5

Apply knowledge of life, disability, and health insurance products and services to meet client needs  

8 Credits

 

31868

 

5

Demonstrate and apply knowledge of administrative processes to provide life, disability, and health insurance services  

5 Credits

 

31869

 

5

Provide advice in a life, disability, and health insurance context using the Six Step Process  

5 Credits

 

31870

 

5

Demonstrate and apply knowledge of the general insurance services environment and concepts  

5 Credits

 

31871

 

55

Gather and analyse information to determine client general insurance needs  

7 Credits

 

31872

 

5

Apply knowledge of general insurance products and services to meet client needs  

8 Credits

31873  

5

Demonstrate and apply knowledge of administrative processes to provide general insurance services  

5 Credits

31874  

5

Provide advice in a general insurance context using the Six Step Process  

5 Credits

31875  

5

Demonstrate and apply knowledge of the residential property lending services environment and concepts  

5 Credits

 

31876

 

5

Gather and analyse information to determine client residential property borrowing needs  

7 Credits

31877  

5

Apply knowledge of residential property lending products and services to meet needs and process a loan application  

8 Credits

31879  

5

Provide advice in a residential property lending context using the Six Step Process  

5 Credits

31880  

5

Demonstrate and apply knowledge of the personal lending services environment and concepts  

5 Credits

 

31881

 

5

Gather and analyse information and apply knowledge of products to meet personal borrowing needs  

10 Credits

 

31882

 

5

Provide advice in a personal lending context using the Six Step Process  

5 Credits

 

31883

 

5

Demonstrate and apply knowledge of the banking services environment and concepts  

5 Credits

 

31884

 

5

Gather and analyse information to determine client banking needs  

7 Credits

 

31885

 

5

Apply knowledge of banking products and services to meet client needs  

8 Credits

 

31886

 

5

Provide advice in a banking context using the Six Step Process  

5 Credits

 

31887

 

5

Demonstrate and apply knowledge of the trustee services environment and concepts  

5 Credits

 

31888

 

5

Gather and analyse information to determine client trustee services needs  

7 Credits

 

31889

 

5

Demonstrate and apply knowledge of trustee products and services to meet client needs  

8 Credits

 

31890

 

5

Provide advice in a trustee services context using the Six Step Process  

5 Credits

 

We will be engaging fully with stakeholders in the second quarter of 2024.  However, feedback or expressions of interest to be involved are welcome at any time by emailing [email protected].