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PFS rolls out CPD online tool

The Personal Financial Society has launched CPD Essentials, a continuing professional development support solution.

The tool, which has been developed to help advisers meet the minimum 35 hours CPD regulatory requirement, has been designed to complement the existing comprehensive CPD support integral to PFS membership, providing members with an even greater choice and access to further CPD content.

The tool is split across six key subject areas: financial services, regulation and ethics; investment principles and risk; personal taxation; pensions and retirement planning; financial protection; and financial planning practice.

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Within these subject areas are 28 individual e-briefing programmes providing concise, current, straightforward guidance created and maintained by subject experts. Advisers will also be able to bank external CPD using the tool.

FTAdviser offers a structured CPD solution through its CII-accredited CPD Tracker, a unique tool which offers up to 60 minutes CPD against a range of educational content published across the website. Advisers can also add external CPD gained through other sources.

Keith Richards, chief executive of the PFS, said: “CPD is a cornerstone of professionalism which Personal Finance Society members have been conversant with for many years.

“Members recognise the value of working to keep knowledge current and relevant from a business perspective and therefore new regulation simply serves to increase focus.

“CPD is clearly so much more than a regulatory box-ticking exercise. It goes beyond simple compliance and straight to the heart of what it means to be a professional.

“It is our job as a professional body to proactively help to facilitate ongoing development and provide members with a wider range of support options.

“CPD Essentials is a new complimentary solution to our growing depth and breadth of support. It’s been built with increased choice in mind, and it’s a perfect fit when it comes to managing CPD obligations.”