Integratec to teach stockbrokers a lesson
Financialservices education and compliance providerIntegratecwill expand into stockbroking education following Bell Potter Securities joining its online continuing professional development (CPD) program, OnTrack.
Integratec has shifted its traditional focus from providing products and services to the financial planning market in response to “recent legislative requirements placed on all retail product advisers to maintain competency under PS 146”.
In what Integratec managing director John Prowse says is a significant strategic move for the business, its foray into the stockbroking arena “proves that our educational products have broader applicability than the pure financial planning market”.
The majority of Bell Potter Securities’ 300 plus advisers will now use OnTrack, in addition to the 59 other dealer groups that have signed up since its launch last July.
The program was originally launched as a solution to the PS 146 requirements for ongoing education. Prowse says that “signing over 300 stockbrokers from a respected top-tier broking firm represents a significant vote of confidence in our approach to CPD”.
“Integratec now has over 10,000 financial planners participating in its subscription-based, monthly CPD programs, which means we have the responsibility for keeping almost two-thirds of the industry up-to-date,” Prowse says.
Recommended for you
As advisers risk losing two-thirds of FUA during the $3.5 trillion wealth transfer, two co-founders underscore why fostering trust with the next generation is vital to retaining intergenerational wealth.
As advisers seek greater insights into FSCP determinations, what are the various options considered by the panel and can a decision be appealed?
Amid the current financial adviser shortage, advice firm Link Wealth is looking to expand its financial literacy program for high school students across the country.
TAL Risk Academy has updated its range of ethics courses to help financial advisers meet their CPD requirements following adviser feedback, including interpreting FSCP determinations.
