FASEA expands education programs
The Financial Adviser Standards and Ethics Authority (FASEA) has expanded the list of approved education programs and courses available to meet the body’s education standard, following a consultation process in December 2019.
In an announcement, FASEA said it had registered the 2020 Legislative Instrument and Explanatory Statement for its Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2020 on the Federal Register of Legislation.
The 2020 determination included all bachelor degrees, graduate diplomas, and bridging courses approved by FASEA since the 2018 determination was registered.
“It also includes FASEA approved recognition of prior learning (RPL) for education undertaken to attain professional designations and the associated credits appropriate for the existing adviser pathways set out in FASEA’s education standard,” FASEA said.
“Finally, the 2020 determination includes amendment to historical course/degree details provided to FASEA by higher education providers post registration of the 2018 determination.
Recommended for you
ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
