CII gains approval for 'level 3' back office exams

Formerly known as the Financial Administration Foundation Certificate (FAFC), the qualification covers both FP1 – dealing with financial services and regulation – and either FA1, for life office admin, or FA2 for pensions admin and fits into the new QCA regime as a ‘level 3’ professional qualification. This is within just weeks of the FSSC publishing its syllabus on the reformed FP1, which now requires financial intermediaries and anyone else taking the exam to also pass questions looking at the ethics of business and financial services. Content of the CII’s FA1 Life office administra...