What are the equivilent traditional qualifications of nvq levels up to degree?

Question

For example what level of NVQ is equivilent to 'O' Level, 'A' Level and degree

Answer 1

I think NVQ 3 is equivalent to A level
NVQ 4 - to a university degree
NVQ5 - Post graduate

Answer 2

NVQ Level 1 = GCSE D - G
NVQ Level 2 = GCSE A* - C
NVQ Level 3 = A-level
NVQ Level 4 = HNC/HND/Degree
NVQ Level 5 = Doctorate

The above is what I was told when I finished one of my NVQ 3's in 2002.