The FSA says advisers no longer have to spend a minimum of one hour on structured CPD activities - it will permit 30 minutes instead.
Included among its previous examples of structured professional development activities were attending courses, seminars, lectures, conferences or workshops "which require attendance for one hour or more". However, following feedback from the industry, it has amended its Handbook description so it specifies activities of 30 minutes or more. "We recognise that requiring an hour minimum may cause difficulties for advisers and limit opportunities for CPD activity to be carried out," the regulator says in today's professionalism Policy Statement. "Advisers must be able to demonstra...
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