Contact Lucille Wessels at lucille@fpimail.co.za or 011 470 6020 for any queries regarding trial examinations.
Purpose
The purpose of the trial
examination is to ensure that the questions in the item banks will
produce results that are fair, valid and reliable.
The focus of the trial examination will be on question design.
Candidates may be asked for feedback but no results will be given to candidates.
Participating in these trials will get candidates to experience of what the Regulatory Examinations will be like without the accompanying fear that is normally associated with writing an examination.
Results will not be issued to candidates as these are not complete
examinations and only samples of questions are being tested. Results
will also not be made public or provided to the employer or FSP’s.
The experience will however stand candidates in good stead when the examinations are eventuallyrolled out.
An additional benefit will apply when the free pilot examinations are conducted as trial candidates will be offered the opportunity to write these examinations free of charge and these results will be valid.Trial Categories
- Long term Insurance Cat C and Retail Pension Fund
- Long term Insurance Cat B1 (Risk)
- Long term Insurance Cat B2 (Investment)
- Collective Investment Schemes (CIS)
- Health Services Benefits
Dates can be arranged with Lucille Wessels.
The FPI Examination Body routinely sources candidates for exam trials for those exams mentioned above, always relying on support from industry. A minimum of 30 candidates will be required at each session in order to ensure that the trial session is valid. Benefits for candidates who participate in these exam trials include:
- Insight into the type of questions;
- Insight into the structure of the questions;
- Insight into the level at which questions are asked;
- Knowledge on how to prepare for these exams;
- No cost to participate;
- First option to write the pilot examination at no cost and have the results acknowledged;
- An opportunity for candidates in the insurance industry to provide feedback on the questions before delivering the examination to the insurance industry.
Process to participate in the Regulatory Examination Trials
Candidates can register on our website for the trial examinations or they can contact Lucille Wessels.
Profile of Trial Candidates
Candidates required from the following industry sectors:
- Banks
- Insurance Companies
- Independent Financial Advisors
- Investment managers
Candidates required work experience:
- 1 year
- 3 years
- 5 years
- 10+ years
Either Categories I and II can participate
The Representatives grouping include:
- Working under supervision
- Any product category
- 0 – many years of work experience
- Racial representation for trial candidates.
The FPI Examination Body would appreciate your participation as the success of these trial examinations will determine the quality of the examinations and the successful delivery of these Regulatory Examinations to the Financial Services Industry!