Better business: How to construct a CPD learning plan

From January, continuing professional development (CPD) has changed from a points-based activity to an hours-based one. Advisers are now required to log a minimum of 35 hours annually, 21 of which must be ‘structured’ CPD. There are three key reasons why advisers undertake CPD. The first is for a firm’s training and competence (T&C) scheme and the second is to maintain an educational status, for designated titles such as a Diploma in Financial Planning for the Chartered Insurance Institute (CII). The third – and this is where it became mandatory post-Retail Distribution Review – is fo...