Training

At O.F.T.A. we strongly recommend all financial services personnel considering moving to Overseas jurisdictions, to Market Financial Services, should have a minimum of the CII qualification “Award in Financial Planning” (Formerly Financial Advisers' International Qualification)

This qualification is the benchmark of learning for advisers across the global market place and offers a very good starting point for anyone considering this career.

We advise that 60 hours study time should be set aside and once completed successfully this qualification will Provide 12 Certificate-level credit towards completion of the CII's Diploma and Advanced Diploma in Financial Planning as well as general insurance qualifications.

The Award is open to anyone working in the financial services industry irrespective of age, educational background or experience. In particular, it is suitable for:

  • Financial advisers operating in a non-regulated environment where there is no local educational and professional body providing relevant qualifications; and
  • UK advisers working outside the UK.
 

Further Study

 

Once the above has been completed we advise further study to obtain the Certificate in Financial planning through the CII (CF1 to CF5) or the CeFA 1 to 4 through the IFS (we recommend approx 70 hours study for each module). >By completing the above you will gain a solid grounding in the financial services market in general and financial planning advice in particular and will be qualified to offer advice in both the UK and abroad.

The qualification will develop your knowledge and understanding of:

  • regulatory issues;
  • the mechanics and purpose of the main investment products; and
  • the process of giving advice to clients.

As a holder of the above you will meet the FSA regulatory examination requirements and the ‘appropriate’ examination standards for financial advisers as published by the FSSC – www.fssc.org.uk

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“Regarding the creation of the Overseas Financial Trade Association, "It all looks very worthwile and I hope that it is successful and that the independent Ombudsman proves a useful new service to resolve disputes btween members of the Association and clients.”

The Rt. Hon. Kenneth Clarke, QC, MP (former Chancellor of the Exchequer)