CPD System - Accredited CPD

It is a regulatory requirement for financial advisers to retain their diploma knowledge. Our accredited CPD system identifies diploma knowledge gaps AND provides the learning material to fill these gaps and ensure you maintain your diploma competence.

Our accrediated CPD system is your ‘one-stop-shop’ that can help you to fulfil your ongoing structured CPD needs. It is also ideal for trainee financial advisers working their way through the diploma exams.

The system links you to our 5 diploma online multimedia courses, which are the full online courses provided for the regulated diploma exams. You can also take assessments from our bank of 1,500 questions to identify any knowledge gaps and use the online courses to improve your knowledge.

The system provides an online monthly CPD update and a final 10 question assessment on a wide range of topics to help you keep up to date with key financial services industry developments and current issues, and so help fulfil the regulator's requirement of a minimum 35 CPD hours a year. Because this type of CPD is classed as structured, it will help satisfy the requirement of at least 21 hours of structured CPD per year.

All these elements together with courses on compliance, specialist courses and learning skills are provided within a single affordable monthly cost

Listed below is a summary of the contents of the CPD system.

Free trial - Try the system before you purchase
We recommend that you try the CPD system by requesting a free trial and you will have a week to try it to see if it meets your requirements. If you have an existing record then login and click on the "My Account" link on the left hand menu. If you have not previously registered then register here, login and then click on the "My Account" link and select "Apply" beside the CPD System Trial.

Article: You’ve done your CPD, but are you competent?

Which CPD camp are you in? (audiovisual presentation)

structured CPD system

CPD system contents summary

Monthly CPD update
This is a monthly online CPD update providing a summary of all key industry developments. This includes an online assessment to demonstrate your understanding and record your CPD time. After taking each monthly assessment your CPD certificate will be updated with your result and 1.5 hours of CPD.

Diploma gap analysis assessments
Identify any gaps in your diploma knowledge by taking assessments and using the online diploma courses to improve any knowledge gaps that have been identified in your assessment feedback. Includes a total of 1,500 questions, 300 questions for each of the 5 core areas. You are also able to select the number of question per assessment.

Diploma online courses
Five online courses covering the exam syllabus in detail for:

  • Financial services, regulation and ethics at diploma level (R01)
  • Investment principles and risk (R02)
  • Personal taxation (R03)
  • Pensions and retirement planning (R04)
  • Financial protection (R05)

Compliance related online courses
Includes final assessments to evidence your knowledge.

  • Financial crime
  • General data protection regulations
  • Complaints procedures
  • Adviser professional standards

Specialist online courses

  • Workplace pensions
  • Structured products

Focus on topics
Focus on treating customers fairly
Focus on business risk awareness
Focus on investments - Portfolio construction

Each of these topics includes: key facts, a short audiovisual presentation, multiple-choice assessment and a case study.

Learning to Learn - 5 learning skills online courses

  • How to Improve Your Time Management for Learning Skills
  • How to Improve Your Exam Skills
  • How to Improve Your Reading Skills
  • How to Improve Your Memory and Mental Agility Skills
  • How to Improve Your Study Skills

The monthly fee is £15.83 (excl VAT) per user. Individual users can pay online by selecting the CPD system from the cost and contents menu link. Please contact us if:

  • You would like to pay by Standing Order at a discounted price
  • You have 2 or more users as we offer substantial discounts
  • You have any questions about CPD or our CPD system

purchase CPD system

Note - the minimum subscription period is 6 months. If for any reason your payments stop before 6 months have been paid your access will be removed and you will not be eligible to use the system again in the future.

Trainee financial advisers/apprentices
The accredited CPD system also forms the basis for our Enhanced Diploma Package see here for details.

“I would thoroughly recommend using the Wizard Learning CPD system for your entire CPD recording; it is independent of any accrediting body, inexpensive, useful and so flexible that people will actually use it.” Karen Malin, Managing Director, TheGIConsultant.com Limited
Standards International have reviewed the accredited CPD system and their report says:

  • The contents of the courses are detailed and of good technical content
  • The site is very user friendly and easy to navigate
  • Content is good technically and for ease of reading and understanding
  • Audio presentations have good content and structure
  • The Learning to Learn skills courses are very useful
  • The CPD system recording tool covers all the areas required by the FCA to be recorded and evidenced for good quality CPD and which is required by adviser’s SPS accreditation body
  • This is a really good system for individuals and firms to use.
"I've just signed up for the CPD system. I have been searching for ages for a product like this. I also love the payment method and at less than £20 a month I will continue indefinitely, in fact everyone should take it!" Alan Moran FPFS Chartered Financial Planner, Interface Financial Planning Limited
"Wizard Learning's CPD system includes a structured monthly update that covers all the major aspects of financial services. In addition the full CPD system's content is wide ranging and in depth.  It’s more than just an FCA ticking box exercise and has real merit as a knowledge updating tool. I find it immensely useful and I recommend it to all financial advisers." Jeannie Hainsworth Lamb

Wizard Learning - Accredited training and CPD provider
Accredited training and CPD providers represent excellence in providing training and CPD material and services. Wizard Learning has been assessed by CISI and demonstrate the ultimate in professionalism through the calibre of their training and CPD services.

Accredited training providers must meet the CISI's strict criteria and provide the highest standards of training and CPD.

Articles and presentations on CPD are included  on our CPD information page.

Your CPD record and management information
Your CPD record shows all the training completed, assessment results and CPD time. You can sort this by date order and print or export to Excel, PDF or send to your email. You can also record all your non Wizard Learning CPD.

For multiple users in a firm we can on request provide a full combined management report at any time showing CPD details for all an organisation's staff over any selected time period.