These online programmes are designed with the practitioner in mind, and will ensure that Representatives, Financial Services Providers and Key Individuals are up to date with the latest in industry best practice.
The CPD cycle runs from 1 June to 31 May of the following year. Milpark Education offers a bouquet between two to 15 hour online short programmes relevant to the functions of the FSP, KI and Representative:
- Financial Planning Programmes
- Short-term Insurance Programme
- Banking and Investment Short programmes
The competency requirements, as set out in the Financial Advisory and Intermediary Services Act, 2002 (Act No. 37 of 2002) [FAIS Act (BN 194 of 2017)], require financial services providers, key individuals and representatives to complete continuous professional development (CPD). The CPD “Activity” means an activity that is:
- accredited and tracked by a Professional Body;
- allocated an hour-value by that Professional Body;
- verifiable, and excludes an activity performed towards a qualification; and
- product-specific training.