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New SII Training Scheme for Financial Sector Workers Launched

A new scheme is being launched to help develop the skills of those working within the global securities and investment sector.

The Continuing Professional Development (CPD) scheme has been developed and is being implemented and supported by the Securities and Investment Institute (SII). It is hoped that this will support and improve the knowledge base of the more than 17,500 workers currently employed in the UK financial services sector.

The new scheme will provide ongoing training that will aim to get SII members to commit to at least 35 hours a year. This commitment will be measured out in the four key areas of the scheme: Active – 30 hours, Reflective – 15 hours, Self-Directed 5 – hours and Development of Others – 20 hours. The scheme will bring together a range of learning and support methodologies which will include conferences, qualifications and interactive ICT modules.

Rapid Change Calls for Adaptive Approach

Simon Culhane of the SII said: “We live in times of rapid technological, social and political change and the SII believes it must provide its members with all the knowledge and skills they need for the duration of their careers, beyond their existing qualifications. Members will be better positioned to gain a marketing advantage from their CPD involvement by demonstrating their commitment to high quality service and ongoing learning.”

The members who successfully meet the scheme’s commitment requirements will be awarded certificates, which will be recognised by their employers and other professional bodies. The new CPD scheme should be welcomed by employers, allowing their staff to develop their skills and their knowledge of the financial sector. Equally, staff will be pleased to find a way to improve their CVs whilst simultaneously increasing their own marketability and building their importance to their businesses.

Dan Atkinson

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