Continuing Professional Development Policy


The Financial Adviser Standards and Ethics Authority (FASEA) requires Financial Services Licensees to post their CPD policy on its website.


FASEA stipulates that the annual CPD requirement is 40 hours per year, starting from January 1, 2019 and specifies the minimum hours to be spent on certain categories are:-

[] Technical - 5 hours
[] Client Care & Practice - 5 hours
[] Regulatory Compliance and Consumer Protection - 5 hours
[] Professionalism and Ethics - 9 Hours
[] The remaining 16 hours must comprise qualifying CPD and may include up to 4 hours of professional reading. Formal education, if undertaken, can count for up to 25 hours.
A record of CPD hours spent must be maintained and kept for 7 years.

My policy is to meet these requirements.

All publications copyright: February 2020. Cochrane Investment Services Pty Ltd ABN 51 053 200 703


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