CII launches new qualification for investment operations


The Chartered Insurance Institute has unveiled a new qualification for investment operations staff.

The QCF Level 3 Certificate in Investment Operations is a two-unit introductory qualification, providing knowledge and skills needed by a wide range of operational staff working with investments and satisfying Financial Conduct Authority ‘appropriate qualification’ requirements.

It gives practical insight into one of three areas of investment operations – depending on the second unit selected – including collective investment scheme administration, individual savings account administration and investment client servicing.

CII director of financial services and insurance markets Steve Jenkins says: “The days when only front-line financial services sales staff needed qualifications are now a distant memory. Today the FCA expects staff of all levels and across all functions to demonstrate that they have the necessary skills to perform effectively.

“Equally, financial services firms and individuals are demanding more relevant, flexible and cost effective study solutions. We believe the Certificate in Investment Operations meets these needs, whilst also offering an engaging and stimulating study route for candidates.”

The qualification costs just over £300 for CII and Personal Finance Society members. Exams will be sat in September.