Zurich announced today (7 June) that it is co-sponsoring the New Model Business Academy and its alternative assessment.
The NMBA is a not for profit company dedicated to providing training and development to everyone in, or wanting to join, the financial services profession.
The NMBA is free to join and has more than 12,000 registered members.
As part of its offering, it has launched an alternative assessment, an approved level four qualification which requires no gap-fill and allows individuals to evidence their competence through client cases.
According to Zurich, this practical based qualification allows an alternative route to achieving the diploma in professional financial advice. It enables advisers to work at their own pace and become RDR compliant without the need to take a series of examinations
Richard Howells, UK intermediary sales director of Zurich, said: “The NMBA alternative assessment gives advisers an alternative route to achieving their diploma in professional financial advice.
“Not having the pressure of a series of examinations will appeal to a large number of advisers.”