In a statement, FASEA said it had approved the UNSW Bachelor of Commerce majoring in Financial Planning, and the University of Tasmania Graduate Diploma of Financial Planning, starting from the first semester of 2021.
It had also approved an additional Ethics and Professionalism bridging course offered by the University of Tasmania, also starting from the first semester of next year.
“The approvals are recognition of the alignment of the listed courses with FASEA’s required curriculum and standards,” FASEA said.
“Advisers who complete these courses of study will meet the education standard.”
The authority said the approved courses would be added to a future legislative instrument for approved qualifications.
“The approval of these additional courses builds on the body of courses approved by FASEA and provides additional choice to advisers seeking to meet the education standard,” FASEA chief executive Stephen Glenfield said.
FASEA said it had now approved 75 historical degree courses, 56 current Bachelor or higher degrees and 35 bridging courses.
“FASEA is committed to continuing to assess any further applications received from higher education providers in respect of courses to meet FASEA’s education standard,” the authority said.
More money for their mates in Universities, if they aren’t corrupt they do a good impression.
So the ASIC panel will be responsible for the Adviser “show trials” and Treasury will be responsible for legislative instruments to amend the standards…who will be responsible for the generic admin work, such as the PY admin, the update of recognised education courses, liaising with ACER, etc?? I won’t miss FASEA for a second, but I don’t want the profession to be in limbo again because Treasury and ASIC both refuse to be responsible for basic admin work…