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Tenet gains CII accreditation to mark exams

Tenet has been granted prior learning accreditation with the Chartered Insurance Institute allowing the company to develop, administer and mark an alternative to the CII’s JO5 exam module.

The alternative module gains credits towards the CII’s diploma in financial planning.

Tenet advisers will receive tailored course and study materials, and will be able to sit the exam on a monthly basis for less than a third of the usual cost with Tenet bearing most of the cost.

Tenet’s training team has been authorised to take on face to face and tutoring assessment, including in an IFA’s office where appropriate.

Distribution and development director Keith Richards (pictured) says: “It is a further demonstration of our continuing investment in providing practical help and guidance to achieve the required qualification standards in the run-up to RDR.

“The CII accreditation is a fitting reward for the hard work put in by our training department and recognition of our dedication to the highest standards of training provision and practical support.”

Personal Finance Society CEO Fay Goddard says: “It takes commitment and significant investment to develop an accredited proposition for studying and assessing qualifications. I am sure this in-house offering will be very much appreciated by Tenet’s clients.”

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Comments

There are 9 comments at the moment, we would love to hear your opinion too.

  1. But JO5 is yesterdays news and with a 50% pass rate who wants to mess about with that – RO is level 4 standard.

  2. As someone who was subject to hugh pressure, threats etc to pass people as competant who’s sole ability was to sell the maximum commission / credit earning products to family and friends I totally disagree with this arrangement.
    The arrangement makes me think that perhaps those individuals that accuse the CII of merely looking for money to support the overpaid executive may be correct.

  3. Just to correct one aspect of this story – Tenet will not be afforded the ability to mark examinations.

    David Ross
    CII

  4. Tenet develop /administer and mark an alternative to the CII’s JO5 unit (Pension Income Options).

    Tenet’s alternative unit has been accredited by the CII and generates credits towards our Diploma in Financial Planning.

    Tenet do not mark any CII exams.

    David Ross
    CII

  5. Surely this devalues CII exams and is a shame for all those that have worked hard to obtain them through the ‘proper’ route.

    The only reason for such an arrangement could be if it either benefits the CII financially or increases the chances of Tenet obtaining exam passes (or both).

    If only I had enough money I’m sure I too could buy a CII qualification too.

  6. Isn’t it a shame when an organisation is clearly investing in supporting IFAs, that a vocal minority seem determined to always see the glass as half empty and appear bitter and resentful?

    Such perpetual negativity achieves absolutely nothing and only succeeds in creating a thoroughly unprofessional perception of the way we operate. Sadly, it also demonstrates why our sector is in need of a radical overhaul and more intrusive regulation.

    What a pity they had nothing positive to say.

  7. Completely agree with anonymous Tenet advisers are extremely lucky to be working for a progressive Distribution Model which is genuinely trying to help advisers.

    Shame on the others who lack this vision, or perhaps lack the critical mass and the financial muscle to compete.

    Either way the industry should be saying well done to Tenet, and by the way I am not with Tenet but maybe should consider them ???

  8. What a sad world we live in where most peopls firts reaction is to find fault. Tenet should be applauded for looking to offer this to their advisers (i am not one of them).

  9. I speak as an advisor who is part of Tenet Connect. I cannot speak highly enough of their commitment shown to their members in exam support. This is shown in action and not just words as the peice notes Tenet bearing most of the cost of the JO5 proposition. Surely this is one peice of positive news amidst an awful lot of negatives!

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