Compliance, education and HR providers Gold Seal
have reminded brokers that time is running out to complete their continuous professional development (CDP) hours.
With most training records running from January to December, Gold Seal
have advised brokers to check their records as time is running out to complete the ASIC
required hours in the run-up to Christmas.
receives a bumper batch of calls as the year draws to a close with questions such as ‘how many points are needed to meet the ASIC
requirements’ and ‘can a part-time worker pro-rate points in accordance with the number of hours they’ve worked.’
, Managing Director of Gold Seal
said of the impending deadline: “It may not be as much fun as the latest Google glasses but getting those CPD hours before Christmas is a truly practical gift. With many industry events and a variety of online courses, Christmas shopping for CPD points is easy!”
“And no, sorry, if you have a part time employee, points can’t be pro-rated according to the number of hours worked.”
’s regulatory guide requires that professional development programmes be implemented and reviewed annually and while it is AFS licensees that are required to keep training records, Gold Seal
suggests that each broker keep a personal record too.
To refresh the memory on how to earn points, Gold Seal
gives the following guide:
- Structured training e.g. workshops conducted by accredited providers
- Online learning modules conducted by accredited providers
- Technical reading
- Training other employees
- Attending conferences and conventions