Rethinking CPD for Financial Advisers

Rethinking CPD for Financial Advisers

From My Risk Adviser by Phil Thompson

March 27, 2026 · 21 min · Season 5 · Episode 9

About this episode

The episode discusses the shortcomings of traditional CPD tracking for financial advisers and emphasizes the importance of recognizing real development activities.

Most advisers aren’t short on CPD. They’re just not capturing what’s already happening. We’ve all seen the cycle. End of year hits, Kaplan gets opened, and hours get ticked off quickly just to get it done. The requirement gets met, but it rarely reflects how advisors are actually improving day to day. Meanwhile, the real development is happening in team discussions, client strategy conversations, and solving real problems that never get counted. We’ve shifted how we track CPD because the traditional approach misses where the value actually sits. If you’re running a business, working through client outcomes, and sharpening how advice is delivered, that is the development. Recording it properly just brings alignment between what you’re already doing and what gets recognised. 👉 Join the My Risk Adviser Facebook community for Australian advisers: https://www.facebook.com/groups/myriskadviser/ The advice shared on My Risk Adviser is general in nature and does not consider your individual circumstances. My Risk Adviser exists purely for educational purposes and should not be relied upon to make a financial decision. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Phil Thompson

Topics covered

  • CPD
  • financial advisers
  • professional development
  • client strategy
  • business management

Keywords

  • CPD
  • financial advisers
  • professional development
  • client outcomes
  • business strategy

Mentioned in this episode

Organizations: Kaplan, My Risk Adviser, Facebook

Places: Australia

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