|
COPYRIGHT 2005 Australian Institute of Banking and Finance
Before the merger with the AIBF, the Securities Institute of Australia (SIA) developed a new product called PD Direct to help meet the education needs and ongoing compliance challenges of licensees and advisers as a result of Financial Services Reform (FSR).
PD Direct uses the convenience of online technology to deliver a series of subjects specific to the new training requirements of licensees and advisers. It allows them to consolidate their professional development and training into one easily accessible location and, thereby, achieve the new compliance standards.
Tipping the balance
ASIC Policy Statement 146 requires all licensees and their advisers to plan, implement and record their training activities in specific knowledge and skill areas. The then SIA developed PD Direct after recognising the logistical challenges faced by licensees and practitioners in meeting this requirement.
Working full-time, maintaining regular professional development and engaging in life outside of work require a delicate balancing act. Additional work demands can potentially unbalance careers, create compliance issues and disrupt business.
PD Direct represents the Institute's commitment to supporting the industry in changing times. It provides the convenience, flexibility and structure that professionals need to make a smooth and successful transition to overriding and demanding legislative requirements.
Organisations can achieve this transition throughout their business by implementing a customised in-house PD Direct program. The ISFB already works closely with corporate clients to develop customised training packages relevant to the specific needs of their staff. It allows companies to achieve standardised training at all levels as well as tracking individual...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
