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The recognised standard

CICM qualification achieves accreditation from the Money Advice Service

Press Release – 13 April 2015

The Chartered Institute of Credit Management’s Money and Debt Advice qualifications, which are Ofqual regulated, have now achieved accreditation against the Money Advice Service (MAS) Quality Framework for Initial Contact, Support Work and Advice Work. This means that learners who achieve these qualifications will have met recognised benchmark standards for the debt advice industry.

MAS has established the Quality Framework to raise standards in debt advice and ensure that clients have assurance that both organisations they access, and advisers they engage with, operate to the highest standards.

Debbie Tuckwood, CICM Director of Learning and Development, is delighted with the news: ”The CICM is immensely proud that the Chartered Institute’s qualifications have achieved this accreditation,” she says. “We hope that accreditation will encourage more who work in money and debt advice to get qualified.”

Learners who pass the CICM Level 2 or Level 3 Award in General Money and Debt Advice will be qualified for initial contact work. The Level 2 or Level 3 Certificate in Money and Debt Advice covers the knowledge and skills required for support work and the Level 3 Diploma in Money and Debt Advice supports advice work.

There is a range of MAS-accredited training available to support preparation for the qualifications. Learners will also be able to purchase a CICM study guide for the CICM Award in General Money and Debt Advice from May on Amazon.

For further information visit the CICM and MAS websites.

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About

The Chartered Institute of Credit Management (CICM) is Europe’s largest credit management organisation, and the second largest globally. The Institute was granted its Royal Charter on 1 January 2015. The trusted leader in expertise for all credit matters, it represents the profession across trade, consumer and export credit, and all credit-related services. Formed over 75 years ago, it is the only such organisation accredited by Ofqual and it offers a comprehensive range of services and bespoke solutions for the credit professional as well as services and advice for the wider business community, including the acclaimed CICM/BIS Managing Cashflow Guides.

For news, views and updates, follow the CICM on Twitter at www.twitter.com/CICM_HQ.

For further press information, please contact:

Sean Feast or Alex Simmons, Gravity Public Relations

T: +44 (0)207 330 8810

E: mediaenquiries@cicm.com