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Annual Return - I've two designations do I need to make an Annual Return for both?
Annual Return - I've two designations do I need to make an Annual Return for both?

Annual return

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Written by IOB
Updated over a month ago

Yes, both designations require an annual return each year.

Your CPD hours, as before, must be completed by 31st December, 2024.

Each year from November onwards, we will periodically check your CPD log and when it shows that you have met the required CPD hours, your return will be submitted automatically. You will receive an email confirmation to notify you of this submission, which will be available in the correspondence section of your IOB Learn account.

We encourage you to continue utilising the CPD resources available to you and to participate in relevant live events. These activities will be recorded on your CPD log as appropriate even if your annual return has been submitted.

There will be a short grace period in January to log any non-IOB events completed in 2024.

Each time you record an event not organised by IOB you will be asked to sign a declaration to confirm your attendance and agree that you will keep a record of your attendance.

As per the scheme rules the CPD hours you record on your online CPD record should have a wide spread of topics and conform to the criteria as set out in the CPD Guidelines & Regulations (see downloads section of this page).

If you hold more than one designation a return will be submitted as you meet the requirements for each designation.

If you have not met your CPD hour requirements a return will be submitted for you in January showing a shortfall in CPD hours. The uncompleted hours from the previous year will be added to your annual requirement for the current year. A shortfall warning will also be added to your account. Two shortfalls in a five year period will result in the removal of your designation and you would be subject to reinstatement rules.

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