I’ve been an adviser for 34 years and while I passed the FASEA exam first attempt, I felt that it failed to test technical competency enough.
The post Royal Commission reforms were positive and while the lift in education standards are welcome, the experience and continuing education knowledge bank quite rightly deserved recognition. The experience pathway is a reasonable outcome.
Overall I feel that the financial Planning is in better shape as a profession than at any time in my 34 years service.
I do hope that the limited scope of product advice that will be handed out by super funds is appropriately branded as such.