What is CPD?
CPD stands for Continuing Professional Development. It’s the process of learning and developing your knowledge and skills whilst you work. This shows colleagues, clients and the regulator that you are committed to upholding your competence.
At the CISI we offer you a wealth of opportunities to develop your expertise through online resources, events and publications, and document your progress.
CPD with the CISI
Completing CPD is a display of commitment to individuals’ roles and their wider profession. Members are therefore awarded a certificate on completion of each CPD year. This certificate, alongside their personal CPD record, is tangible evidence of a dedication to ongoing professionalism.
Completion of full CPD years also provides members with many opportunities. Alongside the correct qualification, it allows members to apply for a Statement of Professional Standing – necessary for all practising retail investment advisers regulated by the FCA, and, alongside other criteria, enables members to apply for an individual charter.
CISI members have access to first-class CPD resources to help them maintain and develop their skills and knowledge, all of which earn CPD hours. These resources include hundreds of on-demand videos with CISI TV, over 200 Professional Refresher elearning modules, over 500 CPD events and webinars and access to our award-winning magazine, The Review, both digitally and in print.
Any CISI CPD activities are automatically added to a member’s CPD record. To get started, visit your membership portal, MyCISI.
For CISI members on Self-Declare CPD Scheme
If you are on the CISI Self-Declare CPD Scheme (10 hours of CPD) and have not yet self-declared your CPD, your CISI membership is at risk of lapsing at the end of your membership year.
The good news is that it takes less than 30 seconds to self-declare your 10 hours of CPD to meet your requirements.
How to Self-Declare your CPD
- Click here to visit your CPD log
- Scroll down and then tick the CPD year declaration
- Click 'Submit' and you’re done.
CISI CPD and COVID-19
The CISI has recognised even though we offer a wide range of CPD opportunities online, there are exceptional circumstances where members may not be able to meet the members CPD requirements due to the current COVID-19 situation.
Therefore, in exceptional circumstances, those members on the 35 hours CPD scheme, are able to request to defer up to a maximum of 10 CPD hours to the next CPD year. The hours of deferment will be calculated based on the proportion of the CPD year passed and CPD hours completed. The request for CPD deferment is applicable for all CPD years ending prior to April 2021. Please note that all requests must be supported by your firm.
There is no deferment of CPD hours available to members on the 10 hours CPD Scheme
The following circumstances can count as ‘exceptional’:
When members during the current pandemic:
- are needed to carry out extra duties to manage risks, and/or to provide support, to consumers and businesses during the current situation
- have caring responsibilities, such as having to care for a partner, child, parent, grandparent or sibling
- have difficulties accessing CPD material, for example, due to technical difficulties or unavailable material, and
- Where it is not realistic to expect the individual to fulfil CPD requirements.
Please note the concessions offered for statutory leave are still applicable as per section 9 of the CPD policy.
To apply please complete this application form
and email to the CPD Team at firstname.lastname@example.org
. All requests must be supported by a firm. For those members currently not at a firm, these applications will be reviewed on an individual basis.
Similar concessions are offered to SPS holders and members affected by the Insurance Distribution Directive. Information on this can be found on the RDR CPD guidance
. Please note this concession is not offered to members affected by the new Defined Benefit Pensions requirement to be implemented from the 1st October 2020.