FASEA adds courses to help advisers meet education standard



The standards authority has approved a further three bridging courses from the Queensland University of Technology to allow existing advisers to meet the education standards.
Financial Adviser Standards and Ethics Authority (FASEA) has now approved 27 bridging courses, 66 historical courses, and 63 Bachelor or higher degrees.
FASEA chief executive, Stephen Glenfield, said the additional bridging courses provided additional choice to advisers seeking to meet the education standard by 1 January 2024.
The body also approved applications for the recognition of coursework to attain a professional designation from the Portfolio Construction Forum and CFA Societies Australia as part of its education standards for financial advisers.
“Advisers who have completed coursework to attain the CIMA [Certified Investment Management Analyst] designation in or after 2001, offered by the Portfolio Construction Forum, have been awarded one credit recognition for prior learning (RPL),” FASEA said.
“Advisers who have completed coursework to attain the Chartered Financial Analyst designation, offered by CFA Societies Australia, have been awarded one credit for RPL.”
Recommended for you
Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.
With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.
Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.
Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.