The Financial Adviser Standards and Ethics Authority (FASEA) has released an online tool to give advisers feedback on their required education pathway.
The Corporations Act 2001 requires all advisers to complete a bachelor or higher degree, or equivalent qualification, approved by FASEA, and the organisation already issued an education pathways policy detailing the various options.
The new Education Pathways Tool would include all the currently approved degrees, relevant degree definitions and FASEA-approved recognition of prior learning coursework to help advisers find which were suitable for them.
It would work by prompting a series of questions about advisers’ circumstances then providing an education pathway and the courses likely to be completed.
FASEA also released its Australian feedback service form where entrants could apply to FASEA for additional feedback on the online tool.