Industry embracing professionalism

Industry embracing professionalism

31 MAR 2021

The latest Strategi Institute course enrolment numbers, Radar licence subscriptions and analysis of questions being asked, show the financial services industry is embracing the industry’s new professional standards.

Industry embracing professionalism

Strategi Institute head Altaf Shaikh says it is seeing a whole new approach to engaging with the Institute around training and professional development.

“Before, advisers wanted the lowest cost, fastest to complete solution, and for some it was just a ‘tick-the-box’ approach to gaining their qualification. 

“But now there is a realisation that the playing field has changed, and advisers are looking for the best quality and most up-to-date content so they can professionally and compliantly operate within the new regime. This is exactly the space Strategi Institute operates in and we are seeing a pleasing surge in enrolments  as a result.” 

Shaikh identifies three additional factors he believes are contributing to the change in mindset and subsequent upsurge in training demand:

  • The new financial services industry training subsidy. Strategi Institute has partnered with the Skills Organisation to access government funding, enabling advisers to gain their level 5 qualification, but with classroom costs reduced by over $700 plus GST.
    Read more →.
  • An awareness within the industry that many advisers may need more than just one specialist strand of the New Zealand Certificate in Financial Services (Level 5) V2 to be compliant - and that they only have two years to achieve this.
  • A new understanding of the importance of CPD within the new regime and the value of accessing this via RADAR.
    Read more →.