The FPA plans to overhaul its continuing professional development (CPD) policy and is looking to members to provide feedback on a more extensive range of educational programs.
Under the new draft policy, the FPA will recognise and reward quality accredited CPD programs by allocating additional points, and discourage members from earning all CPD points from one type of activity.
"The policy has been designed to encourage members to undertake a more rewarding and wider range of educational options, that will assist them to build on their professional proficiency and status," FPA chief executive Jo-Anne Bloch said.
The updated CPD policy reflects the requirement of members to maintain and update their capabilities, as required by law, and also encourages the development of additional competencies, appropriate to members' professional needs, Bloch said.
This is the first substantial re-write of the policy since the introduction of the Financial Services Reform, the FPA said.
The policy will take affect from January 2009 and is expected to be fully adopted by July 2009.
FPA members have until October 31 this year to provide feedback.
