Advisers have used the Money Marketing CPD Centre to complete and log 5,270 CPD hours so far this year.
The CPD Centre is free to readers and acts as supplier, tutor, recorder and verifier of all your CPD activities. It can also supply all records when applying to maintain your annual Statement of Professional Standing.
Alongside the CPD hours logged and completed, the 4,160 users of the MM CPD Centre have planned in 35,600 hours of activities for the year ahead.
The online platform is powered by our technical division Taxbriefs and Redland Business Solutions, and accredited by the CII, Institute of Financial Planning and IFS School of Finance.
Advisers must complete at least 35 hours CPD a year, 21 of which must be structured, designed to meet a particular learning outcome and capable of being independently verified.
The Chartered Banking Institute recently decided to use the solution for its 490 members and online community Panacea Adviser has also launched a version of the MM CPD Centre.
Panacea chief executive Derek Bradley says: “Panacea Adviser prides itself on providing real benefit, and for free, to the adviser community. Money Marketing CPD Centre fits very neatly into our ethos of bringing user friendly quality online resources to the attention of our community.”
The institute’s CPD manager Michele Allen says: “We liked the features of the CPD Centre so much we bought our own branded version with bespoke templates and additional solutions.
“In particular the logging wizard, which links your activity to the relevant FSA exam standards, is a great feature. One of our advisers who helped test the portal as it went live also praised the bespoke content which came up to show where to find answers when advisers got a question wrong.”
Jo-Anne Smithson, chief executive of Investors Planning Associates, says: “We have found it intuitive and easy to navigate. We are already uploading the training plans for our advisers.”
MM CPD Centre marketing manager Phil Lowther says: “The amount of CPD hours already completed shows not only the quality of the solution we provide but also the commitment Money Marketing readers are putting behind greater professionalism and best practice.
“If financial advisers are still considering the best way to plan, fulfil and document their CPD hours this year, they shouldn’t just look at a system which logs CPD activity but one which also provides the highest quality technical CPD learning materials as well.”
Institute of Financial Planning chief executive Nick Cann says: “The IFP is pleased to be working with Money Marketing and Taxbriefs to ensure our members get access to a wide range of relevant learning that will enable them to do their jobs better.”
CII director of accreditation services Tamsin Mills says: “The CII is pleased to award the Money Marketing CPD Centre CPD Accreditation and we recognise this online solution will be of great value to readers looking to meet the new regulatory requirements being introduced from the start of next year.”
Plan Money director Peter Chadborn says: “For an independent organisation like Money Marketing to be offering this service for free, backed by the quality of Taxbriefs, is very impressive.”