"Formazione continua" is quite difficult to translate.
I totally confirm carrickp's doubt:
I'm not sure if this is what you mean
Usually, as carrickp said, "formazione continua" is linked to the idea of working people or businnesmen that want to improve their knowledges or even their skills in a particular field. As a matter of fact the first who used this expression were "adult trainers", people that held courses for adults.
Italian (maybe European?) pedagogic thought borrowed this expression from the Anglo-saxon thought, but definetly changed its meaning. Usually we think education is referred to young people, while adults need only occasional training that recalls the idea of "going back to school". Pedagogists (see: Margiotta, Minello, Becchi, Bondioli) said: why do we distinguish child education from "adult education"? Dewey (a pedagogist) said life is an ongoing research of solutions to problems, so why does someone have to stop training itself? Every experience is part of your education!
The italian term for that is "formazione continua", but it is taken from another English expression that does not refer directly to "education". This expression is
life-long learning. As you can see, life-long learning implies a particular philosophical point of view: "you never stop improving your skills and feats".
Some hints:
"Educazione" (Education) doesn't mean "formazione": I don't know the English, but the Italian concept of education is tipically referred to school-sistem,
a place in which you are given information, while "formazione" is
something that happens any time you find yourself in a developing environment. Of course it
always happens.
Note: While it is easy to translate "life-long learning" in "formazione continua", I'm not sure wether it is possible to translate "formazione" with "formation". Maybe "formazione" is more similar to "forming" or "the act of making" an object by shaping it, giving it "shape"="forma".
"Formazione" doesn't strictly mean "training": you train people to solve tasks that involve specific skills. Standing far from traditional "adult education", pedagogic thought is not only concerned about developing or improving skills, but making people shape themselves.
Thanks for all (and don't forget to show me my mistakes!!!)
P.S.: I study philosophy and pedagogic theory - as you will see there are different school of thoughts, but I tried to summarize "the spirit of today debate"