The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Identify products and services used by organisation
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Identify life insurance products and services offered by organisation and determine purpose of each Completed |
Evidence:
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Identify characteristics of product and service including their strengths, weaknesses, terms and conditions and, where applicable, communicate this information to clients Completed |
Evidence:
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Access organisation’s promotional strategy for products and services and apply in business activities Completed |
Evidence:
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Identify compliance implications of product
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Establish and document compliance implications Completed |
Evidence:
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Provide clients with all necessary information and documentation as per compliance requirements Completed |
Evidence:
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Determine appropriate users for products and services
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Identify and document function of each product and service, and client needs it satisfies Completed |
Evidence:
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Research client characteristics that best suit each product Completed |
Evidence:
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Compare organisation’s products and services against those of competitors, to establish most effective approach for matching products to client needs Completed |
Evidence:
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Evaluate products and services sales strategy that best meets client needs while taking into account competitor practices Completed |
Evidence:
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Maintain product knowledge
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Regularly review relevant products and services to identify changes to terms and conditions and apply this information in daily work Completed |
Evidence:
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Implement systems for updating and maintaining knowledge of products and services Completed |
Evidence:
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Review and use information on emerging trends affecting financial services industry to supplement product and service knowledge Completed |
Evidence:
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