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Draft deal on L4 exams

The Professional Standards Advisory Group has agreed draft core units for the RDR’s QCF level-four qualification.

The advisory group consists of the Financial Services Skills Council, the FSA, professional bodies, trade associations, HM Treasury and the FSA’s consumer and practitioner panels.

The three compulsory core units developed by the FSSC include financial services, regulation and ethics, personal taxation and investment principles, and risk.

On September 1, it will start a nine-week consultation that will include an online questionnaire and a nationwide programme of roadshows.

In September and October, the FSSC will start drafting standards for the specialist units that, together with the core units, will make up the exam.

FSSC director for skills and development Sarah Thwaites says: “We have worked closely with a wide range of industry representatives to ensure the draft units we are proposing will achieve the desired step-change.

“We are keen to encourage all practitioners to share their thoughts on the units throughout the consultation period.”


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White paper — recording sickness absence

The latest figures from the Department for Work and Pensions illustrate that sickness absence is still a major cost to businesses, with an annual bill for sick pay and associated costs to employers of £9bn. This paper from Jelf Employee Benefits looks at the importance of recording sickness absence for any employee health strategy and how this can be carried out in an efficient manner to reduce absence, improve employee engagement and drive up profits.


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