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CPD

ASFA has made things simple with its wide range of CPD solutions to keep your knowledge and skills up to date.

About

Continuing Professional Development (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 also helps you achieve your development and career goals and build your reputation.

For those who have completed RG 146 Superannuation, CPD is especially important as it enables you to stay compliant with ASIC’s RG 146.

ASFA offers CPD solutions, including courses, events, discussion groups and SuperCPD – our online solution that keeps you up to date with the latest industry trends and developments.

SuperCPD

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

CPD activities and points

To find how which ASFA activities provide you with CPD points, and how many, see our CPD table.

CPD reports

ASFA members can view a report listing all CPD activities successfully completed with ASFA, and the associated points by logging in to their ASFA account.

Once logged in, navigate to “My CPD” to run a CPD report.

CPD FAQs

ASFA is committed to developing future leaders in the industry and, as such, we see the provision of opportunities for personal development as a key member service. Below is a list of frequently asked questions.

All ASFA events, discussion groups, committee/working groups and learning and development activities in which members have had their names recorded are noted on CPD statements. This includes points for participation in eligible committees.

It is expected that most members will have undertaken professional reading and CPD activities with other organisations. You can upload external activity via ‘My Reports’ under the ASFA toolbox and it will display on this report.

Many ASFA activities allow bookings for groups rather than individuals. This can be for events such as luncheons or non-assessed training activities conducted in a corporate setting. ASFA can only record CPD points against individuals who choose to be registered for the activity. To gain CPD points, bookings need to include the member details. For corporate workshops, the attendance register must be completed in order to have the points reflected in the statement.

If you have any queries on your report, please contact Member Services.

Associates: 30 points Fellows: 30 points The minimum number of points for both is 30, of which at least 15 must be from ASFA activities.

The statements generally only provide evidence of points relating to activities that have been booked individually through ASFA. Action on insufficient points will not be taken on the basis of the CPD statement. Rather, an audit of associates and fellows is made at the end of each financial year at which point you will need to provide additional evidence of CPD.

Membership of ASFA, either as an individual member, or as an employee of a member, is mandatory to retain the right to use AASFA or FASFA postnominals.

Members with the ASFA AIF should maintain at least the level of points for an AASFA or FASFA. ASFA recommends that CPD should be relevant to the AIF practices.

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.

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.

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Please submit any further enquiries or suggestions to Member Services here.

CPD activities and points

The table below details the various activities available in the 2023/2024 financial year and their relevant point allocation.

ACTIVITY CPD POINTS DURATION DELIVERY MODE
Subscription
SuperCPD 1 point per assessment topic (minimum 20 points per year offered) Annual subscription, released quarterly Online
SuperCPD Trustee 1 point per assessment topic (minimum 20 points per year offered) Annual subscription, released quarterly Online
ASFA Learning courses
RG 146 Superannuation 20 Up to 6 months Online or virtual workshop or face to face workshop
RG 146 Superannuation Refresher 3 Up to 3 months Online or virtual workshop or face to face workshop
General Advice Skills Program 6 Up to 3 months Online
Factual information vs financial product advice 1 1-hour Online or virtual workshop
Super Industry Update 1 1-hour Virtual workshop
Super Essentials 3.5 Up to 3 months Online or virtual workshop
Superannuation Governance Masterclass 3 Half-day Public or corporate workshop
Super Professional 1 1-hour Virtual workshop
FNS40920 Certificate IV in Superannuation 24 Up to 12 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 – 1.5 hours Virtual or face to face event
ASFA Seminar 4 points Half-day Virtual or face to face event
ASFA Forum 8 points 1 day Virtual or face to face event
ASFA Discussion Group 1 point per meeting 1 – 1.5 hours Virtual or face to face event
Industry consultation
ASFA Committee Meeting/Working Group
(excluding Board committees)
1 point (maximum 10 per year) 1 – 1.5 hours Virtual or face to face or dial in meeting
Technical authoring, such as:

Superfunds article
3 per article Email
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