According to Lisa Winnard, director of the school, the accredited body is looking to utilise the presence of its Indian department for business checking with a new training facility on the Indian subcontinent.
The new school, which would follow a similar pattern to its UK venture, is currently at the planning stage, with Ms Winnard and a colleague visiting the site in the next couple of weeks to consider the project’s viability.
In addition, Sesame Bankhall is looking to build on the existing UK school by presenting different types of training, such as offering single programme modules on an à la carte basis, rather than the entire 18-month programme.
Ms Winnard said: “This would allow existing advisers to take just the mortgage programme, for example.”
Both the Chartered Insurance Institute and the Chartered Institute for Securities & Investment operate in India.
The Indian Life Insurance Corporation, which controls 70 per cent of the market, has two million agents and has been working with the CII to provide a localised CII Award in financial planning.
More than a year ago, the Indian MET League of Colleges and the CII joined forces to develop a learning programme for insurance professionals in India.
Background:
Sesame’s FAS is hoping to offer increased support to paraplanners post-RDR and work more closely with universities across the country to develop awareness on financial services careers. The FAS has already teamed up with the University of Huddersfield to sponsor two awards in the Personal Financial Planning module.
