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ISCOVER
Steven Cross
Brokers will be able to keep on top of NCCP training requirements, thanks to a new initiative of the FBAA.
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My Professional ID (MPID) was developed as a web and smart technology-based approach to the management of professional training to help FBAA members record and track their professional information.
FBAA president Peter White told The Adviser that brokers dislike the complexity and time-consuming task of managing Continuing Professional Development (CPD) compliance.
“My Professional ID provides a repository of past, current and ongoing information for each individual member, and also gives members the ability to manage and share the information with external parties such as customers, your firm and ASIC,” he said.
“MPID can store each member’s identity, contact details, employment history, education qualifications attained, their professional development plan and CPD information and progression.”
According to Mr White, My Professional ID automatically records and tracks and verifies any CPD points achieved.
“Anyone can say anything they like online; the real beauty of this program is that it actually verifies what you say. When we showcased it to ASIC, they were quite impressed,” he said.
“Next time ASIC comes knocking on the door, you don’t need to go looking for pieces of paper from RTOs shoved away in drawers.
“You can now print them off a report with all the information they need, including hours you have booked in but are yet to complete.”
The product will be launched at the FBAA’s national industry conference being held in Sydney from June 13-15.
