Griffith secures FPEC accreditation
Griffith University has secured accreditation from the Financial Planning Education Council (FPEC) for its financial planning program.
The new accreditation framework defines the financial planning curriculum for degree qualifications, establishing uniform standards for content, modes of delivery and assessment regimes across university programs, Griffith stated.
According to Mark Brimble, associate professor of Griffith's departments of accounting, finance and economics, the renewed relationship between academics and the industry will nurture planning professionalism and help to stamp out irresponsible advice.
"There is now unprecedented, across-the-board clarity about the graduate outcomes expected for financial planners. The broader mandate is about professionalising the industry," he said.
Griffith stated that the FPEC accreditation incorporates an incentive in its Bachelor of Commerce and Master of Commerce programs for students aiming to complete the Certified Financial Planner program after graduation.
Specifically, the university's 24-course bachelor's degree includes 15 courses required by the FPEC framework for financial planners.
"Professional associations are critical to future careers. Simultaneously, the quality of graduates is vital to the trustworthiness and ongoing strength of the associated industry," Brimble said.
Recommended for you
While returns and fees are the top priority for older Australians when it comes to their superannuation, more than one in 10 are calling for access to tailored financial advice.
Determinations by the FSCP since the start of 2025 are almost double the number in the same period of 2024, with non-concessional contribution cap errors and incorrect advice among the issues.
Whether received via human or digital means, financial advice is reportedly leading to lower stress and more confidence, according to Vanguard.
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
