The Equity Release Council has launched a competency framework to support financial advisers in their professional development, in the equity release and later life lending market.

 

The framework provides an educational syllabus with three pathways based on advisers’ levels of experience. It is designed to guide their development journey by benchmarking their knowledge and skills as well as signposting materials to support their progress.

 

The Council has worked closely with specialists across the sector, including Canada Life which played a leading role in the production, to develop six in-depth modules which have each been piloted in the field. The modules encompass all areas needed to advise consumers effectively and focus on understanding the industry, market, clients, soft skills, products, and processes.

 

 

Equity Release Council Document
Equity Release Council Document

Know your client. Competency framework module 1 v1

File size: 3 MB | Type: pdf | Resources

Equity Release Council Document
Equity Release Council Document

Know your market. Competency framework module 2 v1

File size: 4 MB | Type: pdf | Resources

Equity Release Council Document
Equity Release Council Document

Know your client. Competency framework module 3 v1

File size: 5 MB | Type: pdf | Resources

Equity Release Council Document
Equity Release Council Document

Know your skills. Competency framework module 4 v1

File size: 6 MB | Type: pdf | Resources

Equity Release Council Document
Equity Release Council Document

Know your products. Competency framework module 5 v1

File size: 4 MB | Type: pdf | Resources

Equity Release Council Document
Equity Release Council Document

Know your process. Competency framework module 6 v1

File size: 5 MB | Type: pdf | Resources