Users can auto-log points for platform courses and manually add points from external events or training
LMG has enhanced its Brokerversity online learning platform with a new feature to help brokers track their Continuing Professional Development (CPD) compliance, aiming to simplify the process of meeting professional development requirements.
The platform – available to Loan Market Group (LMG), Loan Market brokers, and industry professionals – now allows users to monitor their CPD points directly within Brokerversity. Users can automatically log points for completed courses on the platform and manually add points from external industry events or other training sessions.
For LMG brokers, the tool provides an additional layer of regulatory support, helping them meet compliance obligations by tracking their progress towards the required 30 CPD points annually. The feature offers a real-time overview, showing brokers how many points they still need to maintain compliance with licensing authorities.
Since its relaunch in December 2023, Brokerversity has served as a centralised learning hub for over 7,500 users across Australia. Originally designed to train new brokers on managing the end-to-end loan process, the platform has expanded to offer over 500 lessons covering the latest tools, trends, and best practices for industry professionals. The new CPD tracking feature aims to further streamline brokers’ compliance management.
“Tracking compliance used to involve cumbersome spreadsheets, but now brokers can compile all their CPD points in one place, print a summary, and submit it to their licensing body,” said Louise Rainger (pictured above), national director of broker education at LMG. “We designed Brokerversity to serve as the ideal CPD tracker due to its user-friendly interface and industry focus.”
Rainger added that LMG brokers are expected to use the platform to track their CPD points, as the company aims to go beyond minimum compliance requirements. The update is also partly a response to reduced CPD tracking by some industry bodies.
“One of our promises to our brokers is ‘keep you safe’ and with risk and cybersecurity both emerging as greater threats to our business owners, we want to be able to ascertain that our brokers are staying up-to-date and informed on topics that are crucial to their continued success,” she said.
Rainger hinted at further enhancements to Brokerversity’s CPD tracking feature in the coming months, signalling LMG’s ongoing focus on broker support and compliance.
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