AFA News 17 June 2021. 30 June 2021 is fast approaching, and this will mark the end of the CPD training year for many advisers.
Financial advisers are required to complete 40 hours of CPD each year and of this amount, 70% must be approved by your Licensee.
Importantly, the minimum amounts across all FASEA mandatory categories must also be met:
- Technical – 5 hours
- Client Care and Practice – 5 hours
- Regulatory Compliance and consumer Protection – 5 hours
- Professionalism and Ethics – 9 hours.
We recommend you refer to your Licensee’s CPD policy and your personal CPD plan to ensure all the FASEA requirements are being met.
It is important to be aware that your Licensee is required to advise ASIC if you do not meet your annual CPD requirements, and this will be reflected on the ASIC Financial Adviser Register.
If you are looking for additional CPD points before 30 June, you can access the AFA’s program of Webinars. Please click here to access the AFA Webinars.
If you have any queries, please email firstname.lastname@example.org
Issued 17.06.2021. AFA Policy & Education Update