The not-for-profit business and learning academy said it will target advisers who had started their Level 4 qualifications but ran out of time before the regulations came into force at the start of the year and are currently unable to advise on retail investments.
NMBA chief executive Lee Travis said: “Our recent RDR survey highlighted a significant number of advisers weren’t expecting to make the deadline at the end of 2012. I believe our solution is ideal for these advisers as it opens up a fast-track opportunity to get back into advising on retail investments.”
The academy, which is dedicated to the learning and development of financial services professionals and has more than 13,000 registered users, works with e-assessment firm Caliqual to offer its alternative assessment programme.
More than 150 advisers have passed through the NMBA’s alternative assessment route to gain their Level 4 qualification.
Denis Saunders, Managing Director of Caliqual said: “The re-launch of the alternative assessment from the NMBA is ideal for all of those advisers who have had any problem with exams, generally or particular exams in areas in which they don’t regularly work.
“Working with the NMBA is in line with our mission to give all advisers who want it the opportunity to become RDR qualified as quickly as possible.”
