The financial advice sector is shifting away from box-ticking CPD compliance towards genuine professional development, according to industry training firm Kaplan Professional, which reports record engagement across its education and CPD platforms.
Nearly 6,000 subject enrolments were recorded across the firm’s first three intakes this year, while its Ontrack CPD platform saw more than one million content completions last year.
The numbers, said the firm’s CEO Brian Knight, reflect the profession’s push to meet rising education standards that include 40 hours of CPD annually across five technical areas.
He said advisers are using CPD not just to comply, but to build deeper expertise in emerging and specialist fields, and that CPD content needs to be educationally sound, relevant, and practically applicable.
“The advice industry has worked hard to move away from a ‘tick-box culture,” he said.