Qualification gap fill and ongoing CPD

In line with the RDR raising professionalism requirements, CPD will be a major part of demonstrating adviser competence.

 

Qualification gap fill

  • With many advisers already on the way to achieving QCF Level 4 in line with the RDR requirements, there will still be gaps to bridge
  • Qualification gap fill can only be used where an appropriate level 4 qualification is already held (such as the CII's Diploma, AFPC etc)
  • Not only does level 4 need to be achieved, the correct subjects are also required to demonstrate an apprioriate level of knowledge for a holistic financial planner
  • Holders of historic exams will have some gaps in the topics that need to be tested
  • These gaps can be bridged by either sitting the appropriate exam or by qualification gap fill
  • For more information on what qualification gap fill you need, contact the examining body that you hold qualifications with

 

Ongoing CPD

Completing a qualification is a key way of gaining the knowledge and skills you need to support your current job, and to help you to develop your career. However, learning doesn’t stop there. The need to keep your knowledge and skills up-to-date has never been so important.

CPD is any activity that is relevant to your ongoing professional development. This may be activity that develops your career, helps to keep your knowledge up to date or simply supports your role as a professional in the financial services industry. The RDR has proposed 35 hourse of CPD per annum, with 21 hours being structured.

Speak to your T&C department for more details on how CPD is applied in your role.

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Scottish Widows plc, registered in Scotland number 199549. Registered office in the United Kingdom at 69 Morrison Street, Edinburgh EH3 8YF. Telephone: 0131 655 6000. Scottish Widows plc is authorised and regulated by the Financial Services Authority. Our FSA register number is 191517.

Scottish Widows Unit Trust Managers Limited, registered in England and Wales number 1629925. Registered office in the United Kingdom at Charlton Place, Andover, Hampshire SP10 1RE. Telephone: 0845 300 2244. Scottish Widows Unit Trust Managers Limited is authorised and regulated by the Financial Services Authority. Our FSA register number is 122129.

Clerical Medical Investment Group Limited, registered in England and Wales number 3196171. Registered office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Authorised and regulated by the Financial Services Authority. Our FSA register number is 181655.

CMI Insurance Company Limited. Scottish Widows is a trading name of CMI Insurance Company Limited. CMI Insurance Company Limited, registered in Isle of Man number 33520. Registered office in the Isle of Man at Clerical Medical House, Victoria Road, Douglas, Isle of Man, IM99 1LT.

HBOS Investment Fund Managers Limited, registered in England number 941082. Registered office in the United Kingdom at Trinity Road, Halifax, West Yorkshire HX1 2RG. HBOS Investment Fund Managers Limited is authorised and regulated by the Financial Services Authority.

St Andrews Life Assurance plc, registered in England and Wales number 3104670. Registered office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Authorised and regulated by the Financial Services Authority. Our FSA register number is 189101.

Scottish Widows Bank plc, registered in Scotland no. 154554. Registered office in the United Kingdom at PO Box 12757, 67 Morrison Street, Edinburgh EH3 8YJ. Scottish Widows Bank plc is authorised and regulated by the Financial Services Authority. Our FSA register number is 201601. The main business of Scottish Widows Bank is arranging, entering into and administering mortgages and accepting deposits.

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