It is worth following the changes being proposed by government to New Zealand’s vocational training environment, as announced last week. It is important to see what implications, if any, those proposed changes being consulted upon will have for financial advice provider and adviser training and qualifications in New Zealand. It is possible there may be implications for the pending Code on financial advice and the Level 5 qualification.
The changes, announced last week, include centralising control of all technical institutes under one entity and also changing the role of Industry Training Organisations, such as The Skills Organisation, the ITO for the financial services sector.
The speech from the Minister of Education, available at the link below, specifically lays out the amended role for ITOs, for example.
The speech is available at https://www.beehive.govt.nz/speech/new-future-work-skills-training-nz
This link takes you to the formal announcement, also worthwhile as it gives access to the relevant Cabinet and consultation papers and other background papers. https://www.beehive.govt.nz/release/new-future-work-skills-training-nz
This page also appears to be highly relevant. https://conversation.education.govt.nz/conversations/reform-of-vocational-education/