Supervision in a Regulated Environment (J07)

The FCA’s T&C arrangements are intended to develop the competence and abilities of staff covered by T&C and deliver fair outcomes to customers by having effective supervisory processes in place.

We look at how the supervision of a trainee adviser will be different to that of an experienced adviser and the specific requirements that apply at various stages of the advice process. We consider the competencies required by supervisors and overseers, the nature of supervision and how different degrees of supervision should be applied. We explore effective leadership, including how people are motivated, how to manage disagreements, potential conflict and change.

This text also looks at different methods of communication, how people learn and how training is validated. Finally, the study text looks at planning and the types management information necessary for effective supervision.

Building a successful career in personal finance

Supervision in a Regulated Environment (J07) is suitable for anyone seeking to build their understanding of the knowledge required to supervise someone who gives advice on regulated products under the FCA Training and Competence (T&C) requirements in the UK.  This unit counts towards the Diploma in Financial Planning, suitable for paraplanners, technical consultants and those supporting financial planning processes, in particular those who already hold CII credits that count towards completion (otherwise, the Diploma in Regulated Financial Planning is more suitable).

Purpose

At the end of this unit, candidates should be able to demonstrate an understanding of:

• the supervisor’s role in a regulated organisation;
• the principles and practices of recruitment and training;
• attaining, maintaining and supervising competence;
• management information and performance standards;
• Financial Services regulation and guidance;
• the legal and regulatory aspects of employment and supervision.

Assessment

• 2 hour exam
• Written short answer questions
• The nominal pass mark is 55% (for more information on nominal pass marks please see here)
• The 2023 pass rate for this unit was 73.1%

Units treated as equivalent

Due to the extent of syllabus overlap, certain combinations of current and withdrawn units will result in only one award of credits.

If a withdrawn equivalent is held you may not need to complete a current unit in order to satisfy a qualification's completion rules. Clarification should always be sought from CII Customer Service.

Find out more about credit awards for equivalent units

Course delivery

Instructions on accessing your course on RevisionMate will be sent to your registered email address. This is typically within two working days of your order being placed, but may be longer, particularly if payment is made by bank transfer or the unit is available as a pre-order.

Study material - editions available

Applicable to exam sittings within a 12-month enrolment period.