View more on these topics

Advisers ditch online CPD in favour of events

Lessons to be learntAdvisers prefer to fulfill their continuing professional development requirements by attending events rather than engaging with online learning materials, research from Prudential shows.

The Prudential Adviser Barometer shows 60 per cent of respondents said events was the best format for CPD last year, rising to 63 per cent this year.

While 44 per cent were most in favour of online CPD activities in 2017, only 26 per cent said the same this year.

A third of advisers found video to be the best format for CPD training in 2017, rising slightly to 38 per cent for 2018.

Around half of advisers still said they only did the minimum amount of CPD required of them both this year and in 2017.

Two out of five also believe increased certification is an unnecessary burden on their business.

ISJ Independent Financial Planning director Lena Patel says events are more engaging because advisers can learn from their peers at the same time.

She says: “Going to events means you can practice your skills in action and that helps build your everyday skills and get a broader view on the issues facing the industry in that moment.

“Online can be good as well though because it can be on in the office and you don’t need to go anywhere or take time out to travel so a mixture of the both works very well.”

A total 55 per cent of advisers now say they most prefer a mix of online training and events, up slightly from 52 per cent in 2017.

Recommended

Business-Handshake-General-Hire-Appointment-700x450.jpg

Brooks Macdonald managing director steps down

Brooks Macdonald managing director of UK investment management Nick Holmes is stepping down after 22 years at the firm. He decided to step down from the board on 30 November and will leave at the end of the year, an announcement from the firm this morning reveals. Following Holmes’s departure, the UK investment management business […]

Abraham Okusanya: A tale of two platform cities

“It was the best of times, it was the worst of times.” As I ponder the developments in the platform market over the past year, I cannot help but think about the contrasting tranquil roads of Dickens’ London and the bloodstained streets of Paris at the height of the reign of terror. A similar contrast […]

4

FCA confirms ban for jailed Norfolk IFAs

The FCA has confirmed that financial adviser pair Alan and Russell Taylor will not be allowed to work in any regulated position again after being jailed for 11 years on fraud charges. The brothers, who ran Norfolk IFA Taylor and Taylor Associates, plead guilty to conspiracy to defraud earlier this year, after defrauding nearly 200 […]

Japan-Japanese-Flag-700x450.jpg

What’s behind Japan’s corporate earnings surge?

Japanese corporates reported record earnings growth in the second quarter of 2017, with nearly 70 per cent of companies beating expectations, leading to the biggest round of upgrades witnessed in over a decade. Watch Chris Taylor, Head of Japanese Equities, discuss the key drivers behind the surprise surge in corporate earnings. In the video, Chris discusses: Why […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. In case those who organise on-line CPD are wondering why events are more popular here are a few reasons. I wonder if others concur?

    1. You can ask questions at an event
    2. There are no distractions at an event. There are when you are on line in the office or at home.
    3. You have the chance to interact with others at an event.

Leave a comment

Close

Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm

Email: customerservices@moneymarketing.com