Qualifications in Advice
We have recently been investigating the demand for qualifications and professional development within the Money Advice workforce including the launch of a sector-wide survey. The survey is now closed for Money Advisers in England and Wales and I would like to thank all those who took part in it. We are now focussing on responses from Scotland and Northern Ireland. When we have collated the results we will be publishing a summary on this website.
Background
There is currently a major project underway to develop, for the first time, a national qualifications framework to support the delivery of social welfare advice, including money advice. This framework will be based on a universally-recognised set of National Occupational Standards.
These National Occupational standards are currently under review. Click here for more information.
Qualifications
Some of the qualifications which are currently available or being developed are:
- NVQs
- Level 2 in Supporting Legal Advice
- Levels 3 and 4 in Legal Advice
- Foundation Degree in Legal Advice
- Degree in Advice Studies BA (Hons)
- Degree in Advice Work BA (Hons)
- Diploma in Legal Advice / Advice Work
We are working on compiling a more comprehensive directory of qualifications in advice within the UK.
The purpose of the survey is to:
Introduce the concept of qualifications and accreditation
- Collect some information about you and your role
- Find out more about your training and networking options
- Gain a picture of educational qualifications in the sector
- Measure the level of vocational / professional qualifications in the sector
- Measure the sector's appetite for vocational / professional qualifications
- Identify your preferences relating to vocational / professional qualifications
Collecting the information
This information is being collected by the Institute of Money Advisers working with the Money Advice Quality Model Working Group. The group is made up of representatives from agencies across the sector including: Advice UK, Consumer Credit Counselling Service, Citizens Advice, Insolvency Practitioners Association, Institute of Money Advisers, a Local Authority, Legal Services Commission and Money Advice Trust. The group is working together to develop a quality assurance scheme for money advice providers across the Not-for-Profit, public and commercial sectors.
Confidentiality guarantee
We would like you to answer all the questions in this survey, but do not expect you to provide any information that identifies you or your organisation if you would rather not do so. Even if you do choose to provide information that identifies you or your organisation, we will treat all your responses in complete confidence, and will not share any of them with any third party without your express consent. Please note that the survey format is not set to collect your IP address.
