A professional development unit or “PDU” is the quantitative value attributed to a training activity recognized by the Chambre de la Securite Financiere – CSF. One (1) PDU represents one (1) hour of training.
Can extra PDUs be carried over to the next period?
A representative can carry over up to 5 extra PDUs to the next reference period if the PDUs were accumulated in the last three months of a reference period, between September 1 and November 30 of an odd year. Carrying over extra PDUs must be done by the representative by logging in to their secure PDU record, through the Chambre de la Securite Financiere website in the Members’ Area.
How do I register for distance training?
You can purchase the training activities accredited by CSF offered by ILScorp here.
With the ILScorp CSF accredited training activities you will:
- have 6 months access to over 43 accredited CSF insurance training courses in both text and streaming video formats
- access over 100 PDUs in the categories compliance, insurance of persons, general subjects and group insurance of persons
- save money compared to purchasing individual courses
- have a digital record of your completed course work, which we keep on file for up to seven years
- save time by completing your PDU requirements entirely online, no paperwork or commute
- ILScorp does the reporting for you – ILScorp submits your completed PDU’s to the Chambre de la Securite Financiere on a monthly basis
What consequences will a member face if they do not respect their professional development requirements?
The representative must adhere to their professional development requirements by November 30 of the year in which the reference period ends. Unless being exempted from professional development by the CSF for medical, parental, or family reasons or obtaining during the previous year a licence to practice in a sector or registration category, the member who does not meet their requirements will have their certificate or registration suspended by the Autorité des marchés financiers, for each sector or registration category for which the continuous development requirements were not met.
For whom is professional development mandatory?
As per the Regulation of the Chambre de la sécurité financière respecting compulsory professional development, every member of the CSF, except financial planners who only operate within the financial planning sector, must meet the regulation’s requirements by obtaining at least 30 PDUs (Professional Development Units). If a member operates within more than one sector or registration category, they will be required to obtain 10 additional PDUs per extra sector or registration category. Financial planners must adhere to the regulations of the Institut québécois de la planification financière for their professional development.
