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What rubbish. I have a Masters Degree in FINANCIAL PLANNING that is now worthless thanks to their over-complicated and draconian rules. Apparently my degree is only approved, IF I completed every subject in a long list, which includes some which were optional and others which are commonly waived based on prior learning. So I suspect there will be hundreds, perhaps thousands like me, who already have extensive qualifications but will be forced to waste tens of thousands of dollars and hundreds of hours for ZERO benefit to consumers. FASEA is clearly going well beyond their mandate, it is obvious to all who look beyond their spin. One can only assume they are seeking to cause maximum damage to our profession; or perhaps this is a gift to the universities, to which most of the board appear to have strong links.