Institutions take charge ahead of FASEA announcement
University of Technology Sydney (UTS) has announced it would introduce a new Master of Financial Planning in 2019 open to both new entrants and existing planners ahead of the Financial Adviser Standards and Ethics Authority’s (FASEA’s) announcement of concreted reforms.
Associate Professor, Marco Navone, said as a result of the Banking Royal Commission and FASEA’s new qualifications, the industry would see a shift towards more independent planners, and the new postgraduate degree aims to address this.
“To cater for this our new program will provide training in how to run a financial planning business, as well as advanced interpersonal communication skills and professional ethics,” he said.
Specialised knowledge around aged care and retirement planning would be offered as an advanced course in the new program, together with a capstone unit that integrates skills learnt across all subject areas.
Navone also said the course would be offered in a flexible structure to ensure people can complete the degree while still working full-time.
Recommended for you
ASIC has released the results of the latest financial adviser exam, held in November 2025.
Winners have been announced for this year's ifa Excellence Awards, hosted by Money Management's sister brand ifa.
Adviser exits have reported their biggest loss since June this week, according to Padua Wealth Data, kicking off what is set to be a difficult December for the industry.
Financial advisers often find themselves taking on the dual role of adviser and business owner but a managing director has suggested this leads only to subpar outcomes.

