FPA welcomes FASEA accreditation of CFP
The Financial Advisers Standards and Ethics Authority (FASEA) may have moved up in the Financial Planning Association’s (FPA’s) books after the regulatory body chose to award the Certified Financial Planner (CFP) program two credits earlier this week.
Alongside qualifying for recognition of prior learning, the CFP Certification Program also received recognition for up to four credits with many universities for existing Master of Financial Planning programs.
FPA chief executive, Dante De Gori, said the announcement acknowledged that the CFP designation continued to be the globally recognised “gold standard” in advice, given research showed those who worked with a CFP professional felt more confident in achieving their financial goals.
The decision would mean financial planners who started and subsequently completed the FPA’s five unit CFP Certification Program since semester 2, 2003, would receive two credits for the appropriate existing adviser pathways set out in FASEA’s Education Standard.
AUTHOR
Anastasia Santoreneos
Recommended for you
Wrapping up the reporting season for the 2024–25 financial year, Money Management rounds up the results of Australia’s listed platforms.
Investment platform Praemium has announced an integration with fund services firm Clearstream’s platform into Praemium Spectrum, expanding advisers’ access to global funds and greater operational efficiency.
Financial services firm Akambo has rebranded itself as an investment management and asset consulting business after almost two decades of operation, targeting $20 billion in assets under management.
Big four bank Westpac is seeking to expand the BT Panorama investment offering through strategic alliances as well as launching a low-cost offering.
