Australian Fund Monitors has been accredited for awarding continuing professional development points by the Financial Planning Association of Australia.
The AFM accreditation number is 006078 for 0.50 points.
CPD points will be available after reading an AFM Fund Review and answering 5 questions via an online Q&A system. Successful participants will be able to download a certificate at the end of the test.
Certified Financial Planner (CFP) professional members are required to keep up to date with industry knowledge to maintain their professional proficiency and status. This continuing professional development translates to CPD points which are to be maintained and recorded over a three year period (triennium). The current triennium runs from 1 July 2012 - 30 June 2015. CFP professionals must achieve a total of 120 CPD points during each three year period. The breakdown of these points needs to be as follows:
at least 50% accredited,
50% non-accredited
including 3 ethics points.
CFP professionals must accumulate a minimum 35 points each year.
