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Continuing Professional Development (CPD)

Keeping your knowledge and skills up to date and/or remaining compliant can seem difficult when you have so many other things on your plate, but ASFA has made things simple with its wide range of CPD solutions.

What is CPD and why is it important

CPD is a career-long approach to planning, maintaining and developing your knowledge and skills. It also ensures you continually build on the knowledge and skills you need to succeed in the competitive business world.

CPD helps you achieve your development and career goals to build your reputation.

For those who have completed RG 146 Superannuation it enables you to stay compliant with ASIC RG 146 and APRA’s ‘Fit and proper’ policy.

Who needs to complete CPD?

All industry professionals are encouraged to undertake CPD activities, especially:
  • ASFA Associates and Fellows: ASFA requires you to earn 30 CPD points per year to maintain your status, including at least 15 from ASFA specific activities.
  • ASFA Trustee Associates and Trustee Fellows: ASFA requires you to earn 30 CPD points per year to maintain your status, including at least 15 trustee points from ASFA specific activities.
  • Compliance professionals, relationship managers and senior managers: ASFA recommends you earn 30 CPD points per year.
  • Administrators, call centre staff: ASFA recommends you earn 20 CPD points per year.

How to gain CPD points

ASFA CPD points are allocated according to the number of hours and effort involved in any given activity, as well as the learning outcomes of that activity. CPD points also contribute to maintaining your ASFA Accreditation. You can earn points by participation in:

The CPD Points table at the bottom of this page list a range of activities and the associated CPD points.

SuperCPD

SuperCPD is ASFA’s online CPD solution, keeping you up to date with the latest industry developments. It offers you the opportunity to earn at least 20 CPD points a year, making it easier to maintain your compliance.

Find out more about SuperCPD.

How many CPD points do I have?

ASFA’s online CPD tracking system allows members to login and view their CPD report at any time. This report lists all CPD activities successfully completed with ASFA.

Non-members can login and download an ASFA Activity report which lists all your activities with ASFA.

You will need to login to the ASFA website to access your CPD or Activity report.

CPD activities and points

The table below details the various activities available in the 2019/2020 financial year and their relevant point allocation. These points relate to activities that begin on or after 1 July 2019 and are revised annually.

ACTIVITY  CPD POINTS DURATION DELIVERY MODE
Subscription
SuperCPD 1 point per assessment topic (minimum 20 points per year offered) Annual subscription, released quarterly Online
ASFA Learning courses
RG 146 Superannuation 24 Up to 6 months Online or workshop
RG 146 Superannuation Refresher 3 Up to 3 months Online or workshop
General Advice Skills Program 6 Up to 6 months Online
Super Essentials 6 Up to 6 months Online
Superannuation Governance Masterclass 3 Half-day Public or corporate workshop
Core Governance for Superannuation 3 Half-day Public or corporate workshop
Investment Fiduciary Essentials 6 Half-day Public or corporate workshop
FNS40915 Certificate IV in Superannuation 24 Up to 6 months Online
Events
ASFA Conference Up to 16 points 3 days Conference
ASFA Briefing, such as:
  • Budget lunch
1 per session with technical content 1.5 hours Face-to-face event
ASFA Seminar 4 points Half-day Face-to-face event
ASFA Forum 8 points 1 day Face-to-face event
ASFA Discussion Group 1 point per meeting 1 – 1.5 hours Face-to-face meeting
Industry consultation
ASFA Committee Meeting
(excluding Board committees)
1 point (maximum 10 per year) 1 – 1.5 hours Face-to-face or dial in meeting
Technical authoring, such as:
  • Superfunds article
3 per article   Email

Note: Activities are advertised with the applicable points and may vary from the table.