CPD Compliance & Audit Process
Tēnā koutou katoa
One of the reasons why the public can trust a PINZ or NZIV member is they can have confidence that the property professional concerned has a commitment to ongoing education, maintains regular ethical training, and exercises best practice with high standards.
Maintenance of public confidence in the property professions we serve, is a strategic priority for the Institutes and is something that we believe sets our members apart from their competitors.
That's why a minimum level of Continuing Professional Development (CPD) is a requirement of membership.
The Institute certainly encourages members to do more than the minimum required for membership, because your leadership and development is critical to raising standards within the wider industry and among those who you work with.
We also carry out an annual process of auditing CPD, to ensure compliance with the rules - and for the valuation community - ensuring compliance with legal and ethical obligations.
New technology means we are able to more accurately monitor the amount of CPD each member undertakes. This extra capacity has been developed over a number of years, along with the addition of more accessible educational opportunities, and a much greater variety.
Both the PINZ Board and NZIV Council have also adopted more detailed sanctions policies. The PINZ CPD & Sanctions Policy is HERE and the NZIV sanctions policy is HERE.
Members will note that these involve a sliding scale based on the seriousness of non-compliance.
In recent months, some members may have received a message from us asking about their CPD achievements.
We do attempt to work constructively with members who haven’t been meeting their annual CPD requirements, and we continue to do so. Never-the-less there is a requirement for us to enforce our rules, in order to protect the reputation of our professional bodies and maintain public trust.
It is also unfair on members who diligently follow the rules to share the same professional status as someone who does not.
So, we are encouraging members to check their CPD diary in your member dashboard. If there are items missing you should update these as soon as possible. You will have to log into the website to do this.
Please contact the National Support Team if you run into difficulties.
At the time of writing it remains unclear precisely what the shape of the next Government will look like.
It's fair to presume that property will continue to be in the news, with a number of changes flagged during the election campaign.
The Property Institute will aim to keep you on top of issues that may affect members as they unfold. We also remain confident of maintaining good relationships with regulators, Ministers and the Government as we chart our way forward.
Ngā mihi nui
Chief Executive Officer
Property Institute of New Zealand