Home > CIMA > Changes to the CE Renewal Requirement

Changes to the CE Renewal Requirement

New requirement for continuing education (CE) in tax and/or regulatory content starts January 1, 2020.

CIMA®, CPWA®, and RMA® certified professionals will still be required to complete and report a minimum of 40 credit-hours of continuing education within a 2-year period. At least two of those 40 credit-hours will continue to be dedicated to ethics, but as of January 1, 2020, certificants will also be required to dedicate at least one of those 40 credit-hours towards tax or regulatory topics.

The Institute regularly conducts job analysis studies to ensure that initial and ongoing certification requirements reflect current professional practices. Per the latest Job Analysis study conducted in 2018, the Institute, in conjunction with its CIMA Certification Commission, announced several enhancements to the knowledge competencies and requirements for CIMA certification to meet the future needs of investment professionals, which includes dedicated CE requirements in the areas of local tax and/or regulations content.  This change also applies to wealth and retirement management so it will be applicable to all Institute certifications.

Changes to the CE Reporting Process in 2020


FAQ's
Do I still need to complete 40 hours of CE to maintain or renew my certification? 

Yes, certificants are required to complete 40 hours of continuing education within a two-year certification period.

Do I still need to complete 2 hours of ethics CE to maintain or renew my certification? 
Yes, two of the 40 hours you need to complete are dedicated to industry ethics content, but starting January 2020, certificants will also be required to dedicate one (1) of those 40 hours towards tax or regulation content.

Where can I find CE programs that cover acceptable tax and/or regulation content?
In addition to available education programs in the industry, Investments & Wealth Institute will provide education offerings that apply, as will many of our registered CE Sponsors.

Does this impact me as a CPWA or RMA certificant?
Yes, all Institute certifications are governed by the same continuing education requirements.

What’s driving these discussions around tax and regulations? 
Per the latest Job Analysis study conducted in 2018, the Institute, in conjunction with its CIMA Certification Commission, announced several enhancements to the knowledge competencies and requirements, which included dedicated CE requirements in the areas of local tax and/or regulations content. This change also applies to wealth and retirement management so it will be applicable to all Institute certifications.

Is there someone I can talk to about my certification? 
Absolutely. Feel free to contact the Certification Department at certification@i-w.org or call us at 303.770.3377 option 2 with any questions.