Insurance Ed. Group Unveils Professional Designation

July 1, 2003 (PLANSPONSOR.com) - A financial services education industry group for insurance company executives has unveiled a new professional designation.

According to a news release, LOMA and its member companies have come up with a new FFSI (Fellow, Financial Services Institute) program. “As a financial services association, we’ve seen our members and the role they play in the world economy change significantly over the past decade. We are proud that we have been able to grow with them and the FFSI program reflects our mission to help them as they evolve,” Thomas Donaldson, LOMA President & CEO, said in a statement.

The FFSI offers education about the array of financial services – including wealth accumulation products, retirement plans, employee benefits, mutual funds, and banking products.

The FFSI core courses cover everything from financial intermediaries and risk, to marketing to businesses, to tax sheltered asset accumulation plans. A feature of the FFSI Program – professional achievement credits (PACs) – allows employees to customize their product knowledge and recognizes specific industry credentials they have earned.

Completed FFSI courses can result in college credit, continuing education credit in other programs, and CE credit hours for state agent license renewal where available, LOMA said in the announcement. For more information, contact LOMA’s Office of the Registrar at 1-800-ASK-LOMA or 770-984-3761 or visit LOMA’s Web site at  www.loma.org .

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