What is CPD?
CPD stands for Continuing Professional Development. It’s the process of learning and developing your knowledge and skills whilst you work. This shows colleagues, clients and the regulator that you are committed to upholding your competence.
Why is CPD important?
CPD in the finance industry is often mandatory to professional bodies and associations, which include CPD requirements for financial advisers, planners and investments specialists for example. Organisations working in financial services typically become accredited CPD providers if they provide any form of structured CPD for financial advisers, seminars, training courses and events, or alternatively have internal training for staff that may have CPD obligations.
What is the purpose of CPD?
The importance of continuing professional development is to:
- Ensure your capabilities maintain the same standards of others in the same field.
- Ensure you maintain and enhance the knowledge and skills you need to deliver a professional service to your customers, clients and the community.
- Ensure that you and your knowledge stay relevant and up to date.
What is a CPD point?
It is often found across all industries that CPD points, units and credits all relate to the same thing, CPD Hours. The definition of a CPD Hour is the time spent for a delegate to be in “active learning”.
How can I earn CPD Points with Subthirtyfive?
If you are registered to Subthirtyfive, you will have access to our free recorded and live events which will give you a CPD point for each topic. At the end of each event, you will receive a CPD certification.
How is CPD recorded?
An individual must keep a track of their annual Continuing Professional Development activities on a CPD record form and must ensure it is correct, up to date and meets the requirements of their professional body or association. The CPD activity is recorded in terms of learning outcomes and practical application of the knowledge obtained. Continuing Professional Development undertaken is recorded by a CPD Certificate of Attendance, CPD Self-Assessment forms and personal CPD Record Cards.
