CII: Advisers good at doing CPD but struggle to record it

Carmen Reichman
clock

Advisers are typically very good at doing their 35 hours of continuing professional development (CPD) or more but they are struggling to stay on top of recording it, according to the Chartered Insurance Institute (CII).

At a CII roadshow yesterday, corporate development manager Jim Baylis reminded advisers that they need to record a minimum of 35 hours of CPD a year in order to maintain their trading licence, the Statement of Professional Standing (SPS). The regulator performs checks on about 10% of submitted CPDs every year and advisers' biggest issue was to understand how the Financial Conduct Authority (FCA) wanted the information presented, he said. He said: "I bet you do 36 hours a year but don't record it very well. The easiest way to do your CPD is three hours a month...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Wealth manager has partnered with charity Sporting Wellness

Professional Adviser
clock 03 May 2024 • 1 min read
Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
Behavioural coaching a 'tough sell' among prospective clients

Behavioural coaching a 'tough sell' among prospective clients

‘Clients overlook major sources of value from advisers’

Isabel Baxter
clock 02 May 2024 • 1 min read