Since CPD is a new concept, there are plenty of misconceptions, guidelines and tips that will benefit an adviser when it comes to getting to grips with what the regulator wants.
Annual proof of CPD is necessary for an adviser to get their Statment of Professional Standing (SPS) renewed. Without an SPS you cannot continue to advise compliantly under FSA rules.
The CISI, one of the bodies responsible for issuing SPSs has put together a list of most-common adviser questions when it comes to CPD and SPS renewal, read on to make sure you avoid making any basic clangers…
