Supports the requirement of continuous professional development to increase education standards.
For some time there has been a focus on raising education standards for financial advisers and providing them with better options than were available. This has now been addressed with a new product from DeakinPrime, backed by Deakin University, which will provide continuing professional development for those working in the financial planning industry.
DeakinPrime is now offering a CPD program that provides thought leadership and practical skills and allows advisers to choose the level of complexity that is relevant to where they are in their career. The CPD program is well-aligned to the current and future capabilities that advisers will need to succeed in the new regulatory environment, which includes an ongoing professional development component.
PROPEL is a market-leading CPD product that has been developed at a time of increasing standards and scrutiny of professional practice in the sector.
It comes as a boon for both financial advisers and business leaders alike who have continually identified the lack of ongoing educational options available for those working in the industry.
Former CEO of the Financial Planning Association and DeakinPrime Financial Services Advisory board member Mark Rantall says, “It’s now more important than ever that financial planners increase their CPD learning to ensure their technical skills are maintained and enhanced—and equally that a comprehensive program is available to lift skills and competencies in the financial services process”.
The CPD program meets the needs of licensees, employers and advisers by providing superior, vocational-oriented content that is relevant and engaging, as well as flexible.
Mr Rantall added, “It is critical that learning is undertaken in a way that makes it interesting while delivering a competency uplift”.
DeakinPrime has identified four key components that make its CPD program unique:
- Expertise: DeakinPrime’s CPD program has been designed in collaboration with its broad network of subject matter experts, strong industry links and leading academics from Deakin University.
- Content: The program covers all of the technical areas—from superannuation to margin lending—as well as professional practice areas including business management, soft skills and ethics. Importantly, the learning is relevant and readily applicable to the daily working lives of financial advisers.
- Learner centric: At the centre of the program’s design is the learner experience. Learners can easily access and navigate through interactive and engaging eLearning modules that are available via computer tablets and mobile devices.
- Platform: As the program is hosted on a cloud-based platform, training can be accessed wherever there is an internet connection. Visual dashboards allow learners to track their progress and managers have access to a range of flexible enrolment and reporting options.
DeakinPrime CEO Simon Hann commented: “Since the recent launch of PROPEL, we have been overwhelmed by the response from the financial services industry around the quality and education standards of the solution and how there is now a genuine quality alternative to Kaplan”.
DeakinPrime has an unequalled reputation for delivering best practice learning and development programs and has been a leader in the financial services education sector for over 25 years, offering high quality programs backed by Deakin University.