I’ll tell you where I am today, and why this is the type of continuing education (CE) everyone loves! Okay, I can also think of a couple of reasons why people don’t love it.
This is the Advocis Advisors’ Conference in Edmonton, Canada. Advocis is The Financial Advisors Association of Canada. Insurance and financial advisors come together for a day of educational sessions and networking. Our first session, ’52 ways to wreck your retirement and rescue it’ with Tina Di Vito. She is dynamic and speaking on am emotional subject. It is not (overly) technical, so this helps to grab the attention of most.
So, why is it CE that everyone loves? I suggest that a good percentage of the attendees require CE credit for their Advocis membership, designations as a Chartered Life Underwriter (CLU) and Certified Health Insurance Specialist (CHS), and other possible purposes. Today is worth 6 credits (toward 30 annual required for Advocis membership or as a CLU). CE credits like that received today are not difficult to get. So long as you are in each session, awake or asleep, paying attention or not, the credits add up. There is no worry of studying and writing a test, and (most likely) there are no requirements to actively participate. Breakfast and lunch are included, and it is a great networking opportunity. And the price is quite reasonable! Of course, there are always some (who may not have even chosen to attend) that prefer the free credits that are typically accumulated one session at a time, over a period of time.
We are into session 2. It is with Andrew McLaughlin of Turning Point Law in Sherwood Park, speaking about “Wiils and Succession Act: Updating succession laws. There have been changes to legislation, resulting in the new Wills and Succession Act that was proclaimed on February 1, 2012. We are getting a little more technical in nature, but this information is new and important to know. A large group remained in this room for the session, while others are in two other breakout rooms.
How is your retirement plan? Are your will, power of attorney, and personal directives up to date?