Following Six-Month Review of its Current Continuing Education Requirements, Board Proposes Significant Changes

The CFP Board announced Friday a proposal of new rules on the continuing education requirement for CFP® certificants, including a jump from 30 required hours of CE every two years to 40 hours."

In addition, under the proposed rules the Board would, for the first time, provide CE credit for practice management education, granting up to four CE hours for practice management education or pro bono work.

The Board said in a statement that the higher number of required hours came about from a "comprehensive review" of the current CE required of CFP® [professionals] by the Board's Council on Education, was "consistent with recommendations" from the Board's 2007 and 2008 Education Task Forces, and remained "consistent with or below similar requirements for established professions and comparable designations." Read more >

AdvisorOne
James J. Green
August 20, 2012