MenuCPD Accreditation Service
The FAAA offers a simple and efficient CPD Accreditation Service that provides independent evaluation and accreditation of your professional development activities.
Benefits of our service include guidance to enhance your program and learning experience as well as increased engagement by financial advice professionals due to the independent verification by the FAAA of meeting the agreed standards.
For more information about what content is suitable for CPD accreditation see below.
If you are interested in becoming an FAAA approved CPD accreditor, you will need to meet various criteria including elements of your employment, qualifications, experience and training. Read the Accreditor Guidelines here or contact us for further information.
For more information about how to submit your request for CPD accreditation and costs click here!
What is qualifying CPD?
To assess for FAAA CPD Accreditation we need to satisfy the activity meets the CPD standard. By referring to 7 (1) (a-e) within the CPD standard, it covers what is required to meet qualifying CPD. An activity is a qualifying CPD activity if all the following requirements are satisfied:
- The activity is in one of the CPD areas (see table below)
- The activity has sufficient intellectual or practical content
- The activity primarily deals with matters related to the provision of financial product advice, financial advice services and financial advice business
- The activity is led or conducted by 1 or more persons who have sufficient standing, expertise, academic qualifications and/or practical experience
- The activity is designed to enhance knowledge and skills in areas that are relevant to the provision of financial product and financial advice services
CPD areas
| Area | Content |
|---|---|
| Technical competence | The activity is designed to enhance participants’ technical proficiency and ability to develop and provide advice strategies that are appropriate to the objectives, financial situations and needs of different classes of retail clients, but is not in an area referred to in item 6 of this table. |
| Client care and practice | The activity is designed to enhance participants’ ability to act as a client centric practitioner in advising retail clients, but is not in an area referred to in item 6 of this table. |
| Regulatory compliance and consumer protection | The activity is designed to enhance participants’ understanding of applicable legal obligations and how to comply with them, but is not in an area referred to in item 6 of this table. |
| Professionalism and ethics | The activity is designed to enhance participants’ capacity to act as an ethical professional, but is not in an area referred to in item 6 of this table. |
| General | The activity is designed to maintain and extend participants’ professional capabilities, knowledge and skills, including keeping up to date with regulatory, technical and other relevant developments, but is not in an area referred to in another item of this table. |
| Tax (financial) advice | The activity is designed to maintain, extend or enhance a participants’ professional or technical capabilities, knowledge and skills, including keeping up to date with regulatory, technical and other developments, relevant to providing tax (financial) advice services. |
