Edinburgh-based Redmill Advance, which provides training for wealth managers, has launched a CPD reporting tool, AdvanceCPD.
The recording and reporting software links to the Redmill Advance learning-management system (LMS), automatically recording CPD across core learning, pension transfer specialist, Insurance Distribution Directive (IDD) and mortgage requirements. It also tracks statement of professional standing (SPS) renewal dates.
Redmill Advance said that AdvanceCPD’s dashboard provides users with an ‘at a glance’ view of all adviser CPD information and offers supervisors oversight of CPD needs across the business.
Senior managers can also use the tool to view the firm’s progress on regulatory requirements.
David Tait, managing director at Redmill, said: “The development of the CPD reporting and tracking tool was a natural evolution. 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 advisers, was important for us.”
Redmill Advance was launched in 2016 and has more than 10,000 service users. Its client list includes St James’s Place, Brown Shipley, Tavistock Investments and DeVere Group.
In September 2022, International Adviser announced professional education consolidator Kinrock acquired wealth management development services provider Redmill Advance for an undisclosed sum.
