Retired Membership: relates to a member who is no longer active in the financial markets (other than for personal benefit) but still wishes to retain their designation. This means that the retired member is not providing any advice or transacting for external parties. They are not required to complete the CPD requirement, however they will still have access to the CPD portal and content. Retired members are permitted to use the allocated designation. Retired members are required to adhere to the Code of Conduct and pay a reduced annual membership fee.