NTIQ: The PIPs

Personal Insolvency Practical

MAS (FCA) Accredited Qualifications

NTI have three approved and fully accredited qualifications for the personal debt solutions sector. The qualifications are approved by the Money Advice Service (MAS), a Government body funded by the FCA.


The PIPs

The three qualifications are called the ‘PIPs’, which stands for ‘Personal Insolvency Practical’ and are perfect for any person giving debt advice, working with individuals with debt issues or pursuing a career in personal finance.

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The Ideal Accredited Qualifications

The PIPs are ideal qualifications for:

Three Qualifications

The three PIPs are standalone qualifications: a team member can become qualified in just PIP 1, for example, or can take two of them, or all three.

PIP 1

PIP 1 is designed for ‘entry level’ members of the team (0 - 18 months in the role), mixing essential information about different types of debt management solutions (both ‘formal’ and ‘informal’), mortgages, tax returns, benefits, property ownership, banking, basic accounts, vulnerable people, etc ...

... with essential interpersonal skills, such as key communication skills, telephone manner, types of questions, dealing with difficult people, listening and conversation management. Providing positive, useful and practical skills.

More Details on PIP 1

PIP 2

PIP 2 is a practical and highly bespoke alternative to CPPI (or CPI) for members of the team who have been in the business for between six months and two years. It offers reasonably experienced members of the team a gilt-edged opportunity to advance their knowledge about very specific aspects of personal insolvency and debt solutions.

The technical information covered ranges from Debt Management Plans, Debt Relief Orders, consolidation loans, vulnerable customers and IVAs… to Bankruptcies and more practical solutions.

More Details on PIP 2

PIP 3

PIP 3 is designed to be a course and qualification for more experienced (and qualified) members of the team, dealing with technical issues such as dealing with a residential property under the IVA Protocol and inter-locking IVAs, and more complicated assets and issues. It is especially useful for those in a supervisory role, or who are being prepared for such a role.

Day one of PIP 3 deals with the most important parts of PIPs 1 and 2, and can be especially useful to those whose team members are being trained in the PIP qualifications.

More Details on PIP 3