FASEA extends FPA CFP coursework recognition

FASEA the financial adviser standards and ethics authority FPA The Financial Planning Association CFP certified financial planner education standards RPL graduate diploma stephen glenfield

27 August 2019
| By Mike |
image
image
expand image

The Financial Planning Association (FPA) has succeeded in having more of its Certified Financial Planner (CFP) designation coursework recognised by the Financial Adviser Standards and Ethics Authority (FASEA).

FASEA has announced it has approved an application for the recognition of coursework to attain a professional designation from the FPA as part of its education standards for financial advisers.

It said that advisers who, after 1 July 1999 and before 31 December 2003, had completed the CFP 1-4 program coursework to attain the FPA CFP designation were eligible to be awarded two credits recognition for prior learning (RPL) in an approved Graduate Diploma.

Commenting on the move, FASEA chief executive, Stephen Glenfield said the awarding of credits for the CFP 1-4 program coursework to attain the FPA CFP designation provided appropriate recognition FASEA’s review of the CFP 1-4 program coursework followed an application from the FPA.

He said the approval was recognition of the course content and assessments advisers were required to undertake to successfully complete the program.

The approved RPL will be added to FASEA’s Degree, Qualifications and Courses legislative instrument.

A maximum of two credits towards completion of higher education requirements can be awarded for an existing adviser who has completed one or more of the prescribed approved courses to attain a professional designation. These credits are in addition to any credits available for completing other relevant studies.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

1 week 4 days ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

2 months 1 week ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

4 weeks ago

The corporate regulator has named its new chief executive, who is set to replace retiring interim CEO Greg Yanco in March....

3 weeks 3 days ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

3 weeks 4 days ago

TOP PERFORMING FUNDS