Unstructured CPD can't fill over 25% of gaps

In an e-mail to members, the Institute of Financial Planning (IFP) has issued a valuable update on the latest guidance on gap-fill. It follows consultation with the FSA and other professional bodies to try and clarify a situation which has caused considerable confusion for advisers. "The FSA's Policy Statement 11/1 stated that: 'gap-fill should be structured, rather than unstructured, CPD. However, if structured CPD is not available to fill the gap identified, then an adviser may complete the gap by reading suitable material. We expect that such cases would be for a minority of gaps, ...