This course is for money advisers wishing to become a DRO intermediary. It covers the basic criteria a client must satisfy to qualify for a DRO and outlines the checks an intermediary must take before submitting a DRO application.

By the end of the session, delegates will understand:

• The necessary conditions a debtor must meet to qualify for a DRO
• When an intermediary’s responsibility for the application ends and the debtor’s begins
• Which debts must be included and how balances are calculated
• The importance of using Standard Financial Statement to compile a DRO compliant income and expenditure submission
• The fundamental principles of assets and transactions at undervalue
• How to complete the assessment required to become a DRO Intermediary

Level: Caseworker/Specialist

CPD: 2 points (technical debt advice training)

Duration: Half day

For advisers planning to become an intermediary with the IMA, a post course assessment will need to be completed. Further details will be provided by email after booking.

Please note this course is not aimed at advisers who are already a DRO intermediary.

For more information on registration options and funding for training, please click here

Training booking terms and conditions