Finance Brokers Association of Australia Ltd Continuing FBAA Form
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People also ask
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What are the CPD requirements for financial advisers?
CPD for financial advisers. If you work as a financial adviser, you must carry out continuing professional development. You need to undertake 35 hours of continuing professional development (CPD) each year – with at least 21 hours of that being structured – if you: hold a Statement of Professional Standing (SPS) -
How many hours of CPD must be completed for the year?
You must complete 4 hours of training on compulsory topics relevant to the class of licence you hold each CPD year. Those 4 hours of training must include at least 3 compulsory topics relevant to your area of practice. This is an increase from 3 hours of compulsory topics required in previous years. -
What is a finance broker Australia?
Financial brokers act as independent agents on behalf of clients to help them to trade commodities or choose mortgage, loan or insurance products. Work may take place in an office and often involves travel to meet clients in their homes or place of business. -
What are the continuing professional development CPD hours required by FBAA?
As part of your annual renewal, FBAA requires each member to complete at least 25 hours of Continuing Professional Development (CPD). The goal of CPD is to ensure that you each broker is up to date with the latest industry trends, products and developments, as well as learning business best practices. -
How many asset finance brokers are there in Australia?
Our members include over 1,000 firms and brokers nationwide and our affiliate members are represented by Australia's major finance providers. -
What are CPD hours for continuing professional development?
Members in public practice are required to complete 35 hours of CPD, 10 hours of which must be formal CPD. -
How many hours of CPD are required?
Qualified members need to complete a minimum of 35 hours' compulsory CPD each year (of which at least 21 hours must be structured CPD). -
What is FBAA Australia?
The Finance Brokers Association of Australia (FBAA) is Australia's leading national association for finance and mortgage brokers, representing more than 10,400 members. Brokers play a critical role in ensuring consumers have choice, transparency and confidence in the market.
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