20th November 2012

Wizard Learning: R06, Data Protection online course, RDR survey

1. R06 Expected Solution available now for the 26 November 2012 exam
The Expected Solution is now available for immediate download for the 26 November 2012 exam. There are 29 pages of expert analysis for case study 1 and 32 pages for case study 2, as well as 14 pages of generic information on questions that may be asked.

The Expected Solution package includes a detailed analysis by our panel of experts of the 2 case studies that are issued by the CII two weeks prior to the exam. We provide you with a list of the questions that we feel could be asked together with a detailed solution.

Select R06 The Expected Solution Package

2. Data Protection online training course now available

The benefits of the Data Protection online training course for you and your business
Firms that deal with personal information about their customers must be registered data controllers and as such they make various promises to the Information Commissioner with regard to compliance with the Data Protection Act 1998.

It is critical that all those involved in the processing or keeping safe of this data are aware of the laws that apply.

Firms can face heavy fines for breaches of the Data Protection Act and those handling data must be aware of the pitfalls of mis-directed marketing, allowing contact from third parties and passing information to other firms. Some passing of information is expressly forbidden whilst other sharing is entirely allowable. Knowledge in this area is essential in nearly all areas of business in order to avoid loss of reputation and potentially severe sanctions.

This is what you will find out:

• What counts as protected data
• What rights do your customers have in respect of their data held by you?
• Why you need to take good care of customer data
• What you must be careful about sending when you are marketing
• When you can pass personal information to third parties.

Purchasing and cost
See here for more information on this Data Protection online course and our other training modules together with our CPD SYSTEM (which includes access to this course and other compliance related courses).

Discounts are available when your purchase includes 2 or more training modules.

3. Not just any old RDR Survey
In November 2011 the Panacea Adviser community took part in a survey designed to tell Mr. Sants and the FSA what they felt about RDR.

The survey was incredibly successful, completed by over 750 advisers who provided a wealth of feedback. Importantly, the research did reach the attention of Hector Sants and Martin Wheatley as it highlighted the woeful fact that the FSA had not thought at all about RDR awareness creation and who should do it.

Twelve months on, we are getting very mixed messages about the considerable challenges and opportunities posed by RDR?

• Will your business be ready?
• Will you be ready?
• Are your clients ready?
• What support do you need?
• What message do you want to send to the FSA?

As a result, Panacea Adviser are conducting further research to enable them to analyse current trends and attitudes.

The survey will be running from 14th November to the 28th November. Unlike some recent formal regulatory surveys, this is being done to help advisers and certainly not catch anyone out! The results will then be shared with the Panacea Adviser community to allow advisers to compare experiences with their peers, something that does not often happen.

Please let your industry colleagues know about this survey too, we hope your efforts in completing it will bear fruit in what will be a very interesting year ahead.

Please complete the survey now by clicking here.

Discounts and free online learning skills course
Discounts are available when your purchase includes 2 or more training modules, see here for details. All purchases include a free learning skills online course.

Regulation