Aegon has launched its new CPD Hub, a comprehensive online platform designed to support financial advisers navigate the ever-changing regulatory landscape.
The CPD Hub provides a user-friendly interface for financial advisers to conveniently access a library of learning resources. These resources, presented by industry experts, count towards meeting annual structured CPD goals. Once advisers have watched the video, they’ll need to answer the questions correctly to download their CPD certificate as proof of completion. The modules available at launch cover a wide range of topics including:
- Consumer duty – the latest developments and looking ahead
- Regulatory change – latest proposals from Government and regulators
- Client referrals: strategies to grow your business.
The CPD Hub was created in response to the findings of the recent NextWealth: Managing Lifetime Wealth report1, sponsored by Aegon. The report revealed that regulatory influence is the primary cause of adviser concerns and challenges over the next three and five years.
Specifically, 31%2 of advisers identified regulatory influence as the main concern over the next three years, and 21%3of advisers believed regulatory influence would remain a top concern over the next five years.
Source – NextWealth: Managing Lifetime Wealth report, 2024 (research was conducted in November 2023 with 200 financial advisers).
Steven Cameron, Pensions Director at Aegon said:
“We have introduced our CPD hub to support the growing concerns and challenges faced by advisers in the market.
“This resource provides advisers with material to help navigate this ever-evolving environment, while assisting in achieving structured CPD goals.
“Adviser feedback highlights that the changing regulatory landscape is a top concern over the next three and five years. Regulatory influence, including government and regulatory changes such as Consumer Duty looms large and continues to shape the industry. With a General Election fast approaching, the stakes are even higher, but whoever makes up the next Government, we know there will likely be major changes ahead.
“Whether it’s from the advice guidance boundary review, pension dashboards or the pensions value for money framework, our industry will likely see radical changes in the future. The political situation could also create further change around pension tax, with Labour threatening to reintroduce the Lifetime Allowance.
“To ensure that advisers have access to the most up-to-date information, the CPD Hub will be regularly updated with new material. These resources are specifically designed to assist advisers in their crucial role, enabling them to stay well-informed and effectively navigate the complex regulatory landscape for the benefit of their clients.”
