LIA - The Professional Association for Financial Services in Ireland

Education Paths



CPD

Qualified and ‘Grandfathered’ individuals who come under the Financial Regulator’s Minimum Competency Requirements (MCR) and are required to undertake a programme of CPD on an ongoing basis. If you are a QFA, QFA FLIA or CPD Member of LIA this applies to you.

CPD Request Form

QFA Designation

QFA and QFA FLIA members retain the QFA designation by complying with ongoing Continuing Professional Development (CPD) requirements.

The QFA designation (qualification and attaching CPD programme) meets the Minimum Competency Requirements (MCR), specified by the Financial Regulator, for advising on and selling five categories of retail financial products:

  • Savings, Investments and Pension Products
  • Housing Loans and Associated Insurances
  • Consumer Credit and Associated Insurances
  • Shares and Bonds and Other Investment Instruments
  • Life Assurance Protection Policies

QFAs who have also completed the Professional Certificate in General Insurance also meets the Minimum Competency Requirements to advise on / sell personal general insurance products (e.g. motor, health, property and travel).

QFA CPD Guidelines 2010

CPD Member

Under MCR, all accredited individuals and specified accredited individuals, whether accredited through ‘grandfathering’ (confirmed by their employer based on the experience requirements) or obtaining a recognised qualification, need to complete a number of hours CPD per year

CPD Membership, applies to members who have been accredited by the Financial Regulator and who meets the minimum competency standards through their years of experience in various areas of the Industry. These members may apply to LIA as a grandfathered individual i.e. CPD Member. Refer to the Financial Regulator’s website about accreditation. CPD Members must participate in a CPD Programme and this programme is administered by LIA. CPD Members avail of various CPD benefits i.e. access to mycpd.ie, automatic logging of their CPD hours to their personal record, to view their CPD Cycle via online facility and many more.

CPD Guidelines 2010