This chapter of the Guide summarises the training and competence requirements that apply to insurance intermediaries, which are in the Training and Competence sourcebook (TC).
TC 1 contains the Commitments. These provide guidance to Principle 3 (management and control) of the Principles for Businesses (see Part 1 Chapter 3). Under the Commitments it is your responsibility to ensure that individuals:
TC 2 contains more detailed rules and guidance about recruitment, training, attaining and maintaining competence, supervising and monitoring and record keeping. There is no requirement for insurance intermediaries dealing with non-investment insurance contracts to pass an examination as part of the process of attaining competence.