Non-aligned dealer group Dover Financial Advisers has launched a free RG 146 Diploma of Financial Planning available to its own advisers and those under other AFSLs.
Dover Financial Advisers director Terry McMaster said the diploma - offered through subsidiary Dover Training - will create pathways for future financial planners which meet ASIC’s training requirements.
“Aspirant advisers can now study online at their own pace to qualify as a financial planner at no cost, meaning there is no financial inhibition or risk to launching a new career as a financial planner,” Mr McMaster said.
“Experienced advisers can maintain and update their qualifications and knowledge at no cost, and prove they have done so – a key ASIC licensing requirement,” he said.
“Financial planners can arrange for their staff to qualify, improving morale, service and knowledge ... and helping them create a more profitable and valuable practice,” Mr McMaster added.
He explained that the diploma is textbook-based, drawing on the expertise and experience of Australia’s academic writers and industry experts.
“The study materials are unique in that they encourage individualised financial strategies and are not based on financial products, although obviously financial products are covered,” Mr McMaster said.
“Dover requires its own advisers to complete the diploma’s assessment processes every two years,” he said. “Dover believes this formal process of refreshing and maintaining knowledge is essential to being a competent and compliant financial planner.”
Mr McMaster added that enrolments are not limited to Dover advisers, and advisers from other AFSL groups are invited to use the training service.
A Greens senator who was a key agitator for the royal commission has defended his reasoning in pushing for the inquiry, but conceded that it’s not c...
APRA’s sweeping changes to income protection policies are set to force more claimants back to work sooner, as the life insurance industry faces more...
The latest enforcement update from ASIC has noted that court cases brought by the regulator in the six months to December last year under its 'why not...