David Tait

In early 2023 Advance made the decision to invest into building a new proprietary CPD reporting tool. As a natural evolution in the development of its proposition this new recording and reporting software links seamlessly to the Redmill Advance LMS, automatically recording CPD across Core learning, Pension Transfer Specialist requirements, IDD and Mortgage, whilst also tracking SPS renewal dates.

AdvanceCPD’s interactive and modern dashboard gives an ”at a glance” view of all advisor CPD whilst allowing users to take a deeper dive into any area of CPD. At a supervisor level it offers total overview of all advisors CPD allowing firms to have a deep understanding of user progress ensuring complete oversight of CPD needs across the business.

The tool works just as effectively for other roles within planning teams (such as paraplanners and administrative functions) and can be used to plan meaningful development paths across a 12-month period or even a number of years. At a senior management level, the CPD tool can be used to view progress towards regulatory requirements at a click of a button.

David Tait, managing director of Redmill Advance, commented: “The development of the CPD reporting and tracking tool was a natural evolution for us. We host over 350 training and CPD courses on our LMS and pushing this LMS data into a reporting tool that was modern, interactive and – most importantly – easy to use for advisors was important to us.

“We also wanted to ensure the software offered oversight for senior managers to help ensure that the CPD needs of all team members are met. Developing this CPD tool follows our commitment to ensure our proposition remains market leading.”

Jon Dodson, learning & development director of Redmill Advance, added: ”We are committed to continually evolving and growing our CPD offering at all levels for our clients.

“The AdvanceCPD tool allows businesses to be specific and deliberate in planning where, when and how their advisory communities develop. The tool also makes progress towards development goals incredibly simple to monitor.”