FASEA names approved relevant providers’ qualifications
The Financial Adviser Standards and Ethics Authority (FASEA) has named the approved relevant providers’ qualifications in its latest legislative instrument.
The legislative instrument released 24 December last year, includes a list of current and historical degrees approved by the regulatory body, and would be updated on an ongoing basis as additional courses are approved.
FASEA adopted the stakeholder suggestion to recognise prior learning, and advisers that hold a non-relevant degree who have completed between four and seven of the relevant degree knowledge areas would be awarded two credits.
Curtin University’s newly formed Bachelor of Commerce degree was added to the approved list, and Western Sydney University’s Bachelor of Accounting Financial Planning or Financial Planning and Taxation and Master of Financial Planning were re-accredited.
AUTHOR
Anastasia Santoreneos
Recommended for you
Despite the government agreeing to replace SOAs with CARs, the FAAA and SIAA believe greater streamlining of documentation is needed for the change to have a positive impact on advisers.
There are “multiple black swan events” threatening the financial advice industry currently, according to the FAAA’s Phil Anderson, potentially running up the compensation bill for advisers.
Former national business growth manager at AMP Advice has taken a new role at Sequoia Financial Group.
With the ESG label often causing confusion among investors, Nanuk Asset Management has encouraged financial advisers to use more plain, specific language with their clients.
