| | Descriptions | Qualification | CPD Points |
| 1 | Lender ongoing product or process or information seminar, education, training | Delivered by an employee or contractor of a lender where the learning outcome is based on:
1)the understanding of, or interaction, communication, proposal lodgement with the lender, or
2)an understanding of upgrades to product, E-Lodgement, underwriting, lodgement requirements, etc. and
3)is not for product or lender process accreditation purposes (Eg: E-Lodgements). | 1 CPD Point for every 2 hours of actual Face-to-Face or E-Learning time.
Maximum 3 points per day. |
| 2 | Professional Personal or Business Mortgage or Finance Development course, seminar, education, training | Facilitated by a professional/subject matter expert in the topic where the learning is aimed at broker’s personal or business development as a Mortgage or Finance Broker or as the manager of a Mortgage or Finance business. | 1.5 CPD points per 2 hours of actual Face-to-Face or E-Learning time.
Maximum 5 points per day. |
| 3 | Awarding of relevant (industry, personal development or business development) qualifications. | Examples: Certificate IV in Financial Services (Finance and Mortgage Broking; Diploma Financial Services (Finance and Mortgage Management); Bachelor of Commerce; etc. | 2 CPD Points per individual module, subject or competency.
Maximum 12 CPD Points per annum. |
| 4a | Design or delivery or training program which would meet standards expected in (1) and (2) above. | Must have Cert IV Training and Assessment (TAA40104). | 3 CPD Points for the Design of program (facilitator’s guide) or student workbook.
Delivery as per (1) and (2) above. |
| 4b | Preparation, submission and publication of technical articles. | | 1 CPD Point per 2 hours
Maximum 5 per annum. |
| 5a | Reviewing Technical Papers and Industry Publications. | | 1 CPD Point per 2 hours.
Maximum 5 per annum. |
| 5b | Viewing or listening to relevant industry Audio or Video recordings. | | 1 CPD Point per 2 hours.
Maximum 5 per annum. |
| 6 | Mentoring. | Applies to Mentor and Mentee. | 2.5CPD Points per 3 month period.
Maximum 10 CPD Points per Annum. |
| 7 | Financial Planners who are also loan writers:
Personal or Business Professional Development (in compliance with ASIC AFS License requirements and documented in individual’s CPD Training Record) | Applies to AFSL licensee who is also a loan writer or AFSL Proper Authority Holder, who is also a loan writer | Maximum of 12 CPD Points per annum.
(A further 13 points per annum is necessary in mortgage and finance industry focused programs to satisfy MFAA 25 CPD points per annum requirement) |
Knowledge