Continuing professional development (CPD) is essential for all financial advisers and financial advice providers (FAPs). According to Code Standard 9 of the Code of Professional Conduct for Financial Advice Standards, everyone who gives financial advice is required to complete CPD.
To stay compliant, it’s important to plan your professional development annually and steadily work through your CPD requirements. This means creating a professional development plan to identify the learning areas you need to focus on, along with a CPD log to track your completed activities.
Your CPD journey should be more than just ticking boxes—think of it as an opportunity to enhance your skills and knowledge. It’s not just about product knowledge; it’s about staying current with New Zealand’s regulatory framework and filling any gaps in your expertise related to your business operations.
To make things easier, download our Financial Advice Continuing Professional Development Handbook. This handy resource will guide you through what you need to focus on and help you take those first steps. Remember, getting started is often the hardest part, but with our handbook as your checklist, you’ll find it’s straightforward and manageable!
If you have any questions or need support along the way, don’t hesitate to contact the team at Strategi Institute. We’re here to help you succeed in your CPD journey!