FISA has launched a new 5‑week series outlining expectations for members regarding Continuing Professional Development (CPD). The topic for week 2 is: The Purpose and Goals of the CPD Programme.
Sam Walton said the following: “To succeed in this world, you have to change all the time.”
On the workhuman.com blog, the following is said about CPD: “CPD programs promote proactive learning and development, creating a systematic way to evolve your workforce as changes occur. Organization-wide use of the CPD framework helps employees maintain a competitive edge, updating skills and knowledge as industries, technologies, and roles evolve.”
All FISA members subscribed to the Code of Ethics and of Professional and Responsible Conduct as well as to the Continuing Professional Development (CPD) Programme Charter when they joined FISA and when they renewed their membership.
Week 2: The Purpose and Goals of the CPD Programme
Continuing Professional Development (CPD) is not only about accumulating points. The main goal is to ensure that the fiduciary profession remains credible, respected, and trusted. The FISA CPD Programme states the purpose and goals of CPD.
The purpose of the programme is as follows:
- A profession is built on four essential pillars: Education, Examination, Experience, and Ethics.
- Education becomes truly meaningful in a profession when it goes beyond an entry requirement and helps to establish and sustain a culture of lifelong learning.
- Entry‑level education demonstrates that a professional possesses the required knowledge when joining the profession. Continuous professional development, as part of ongoing education, shows that the professional is maintaining and enhancing that knowledge over time.
- The CPD programme is grounded in a commitment to lifelong learning, supported by the honesty and integrity expected of all members, as reflected in the Code.
The programme has four main goals, namely:
- To maintain and improve the knowledge of our members.
- To uphold the highest possible standard of professional knowledge and behaviour of our members when dealing with clients.
- To enhance the public image of the fiduciary profession in general and FISA members in particular.
- To limit liability for negligence.
Members must understand why participation in the CPD programme is essential.
The topics for the next three weeks are as follows:
Week 3: Areas of Expertise and Categories of CPD activities
Week 4: Verifiable vs Non-Verifiable CPD Activities
Week 5: CPD Rules, Requirements, and Compliance