The Financial Services Skills Council (FSSC) is to consult the financial sector on its view of the revised draft industry performance standards for retail financial services.
FSSC said an official review of the standards had not been carried out “for several years”.
The council said during an internal review of the standards it emerged that they were out of date. The rules standards have now been revised “for greater clarity, simplicity and flexibility.”
The main change proposed by the FSSC is to integrate the standards into a single framework.
It said it would now look to the industry to give its opinion on the revised rules.
As part of the consultation, the FSSC said it would also seek industry support for a single, integrated qualifications framework. It said the framework would allow qualifications to be customised by individual organisations while they would also be regarded as nationally recognised awards.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
