CIP Points Allocation Table

Professional Development Activities and their Corresponding CIP Points

Activity Credit Points
  1. Company training
    (including in-house, face to face and online)
1 point per hour, or
3 points per half-day
Maximum of 15 points for each activity/event.
  1. Attendance at industry seminars, conferences, workshops or
    in-house training
1 point per hour, or
3 points per half-day
Maximum of 15 points for each activity/event.
  1. Completion of online continuing education activities with
    self-assessment components
1 point per hour of professional development content completed
Maximum of 15 points for each activity/event - time allocation based on estimated completion time set by service provider
  1. Attendance at breakfast, lunchtime/evening meetings or
    discussion groups
1 point per hour of professional development content
  1. Reading of professional literature (including online) or viewing educational media*
1 point per hour
Maximum of 7 points per year
  1. Successful completion of a relevant insurance/financial services
    AQF award course module, including vocational, undergraduate,
    post-graduate and Fellowship programs (includes face-to-face, distance learning or online)
20 points per module
  1. Successful completion of ASIC PS146 Tier 1 compliance, where
    two AQF award course modules are completed, excluding by RPL
40 points
  1. Successful completion of ASIC PS146 Tier 2 compliance,
    excluding by RPL
10 points
  1. Preparation and publication of a learned article in a professional journal or online publication
10 points per article
  1. Participating as a Mentor in the Institute’s CIP Mentor Program
    or another formal mentoring program within the insurance and financial services sector**
1 point per hour
  1. Member of an insurance/financial services industry Board, Council
    or Committee**
5 points a year per Committee
Pro-rata points apply if not a member for a full calendar year
  1. Preparation of notes for presentation* at discussion groups/seminar/conference etc**
1 point per hour or
3 points per half day
  1. Presentation at seminar/training course/conference* etc.
2 points per event
(Repeat performances of the same material can not be counted)**
  1. Completing general professional development activities relevant
    to your career progression
    (e.g. IT training courses, general management or public speaking programs)
1 point per hour
3 points per half-day
Maximum of 15 points for each activity/event
  1. For overseas members
    Demonstrated compliance with CPD requirements made by the industry regulator applicable to your profession in the country where you are resident
    (e.g. compliance with HK CPD requirements)
25 points

* A time log must be kept for these activities – the Institute provides an electronic learning diary for members at www.theinstitute.com.au. A template for those who wish to keep paper records is also available from the website.

** A combined maximum of 15 CIP points can be claimed for these service-based activities in any one year.
Other activities may be endorsed for CIP allocation – please contact the Institute at www.theinstitute.com.au for further information or contact our Customer Service team on (61 3) 9613 7280 or customerservice@.theinstitute.com.au

This CIP points allocation table is applicable from 1 August 2006. The CIP points allocation is subject to regular review and may change from time to time. In the circumstance that point allocations change, the Institute will honour the most generous point allocation applicable from either the current points allocation table or the version immediately prior if a member is subject to audit.

ANZIIF provides opportunities for online professional education, Branch events and industry specific journal. For details on how we can help with your professional development points, click here.



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