CPD Points Explained
Continued Professional Development is defined as "the systematic maintenance, improvement and broadening of knowledge and skills necessary for the execution of professional, managerial and technical duties throughout a member's career".
Why CPD?
- CPD plays a vital role in the FPI's pursuit of on-going professional competence.
- The CPD requirement serves the public interest by assuring the public that members of the FPI are professionals who are dedicated and who are staying abreast of changes in a rapidly changing field.
- The international CFP board of standards require that CFP professionals adhere to the continued professional development requirement.
CPD Point Requirement
The current two-year reporting cycle began on 1 January 2010. The following CPD Points for the reporting period 1 January 2010 to 31 December 2011 are required for the various membership levels:
- CFP® Professional : 60 CPD Points
- AFPTM : 40 CPD Points
- RFPTM : 30 CPD Points
Activities for which CPD Points may be claimed
The CPD Points are allocated at 1 CPD Point per relevant 'teaching' hour per event. The FPI reserves the right to confirm these Points.
- Attendance of seminars/workshops/training courses etc.
- Courses which culminate in examination
- Self -study programs
- Teaching/Training
- Authorship
- Visiting website
- Suitable Reading
Details on how to calculate points for each activity can be found in Section 4.3 of the ‘Blueprint for Education" from the Financial Planning Institute of Southern Africa. Click here to download the Blueprint.
- View Financial Planning Institute website here.
- Download Element Investment Managers Form here to claim your CPD points.
Please note the Element Investment Managers does not provide investors with any financial advice.
