The Financial Adviser Standards and Ethics Authority has finalised the degrees, qualifications and courses to be regarded as relevant to become an adviser.
Under FASEA’s Relevant Providers Degrees, Qualifications and Courses Standard, advisers are required to complete a bachelor, or higher or equivalent qualification. The determination includes a list of current and historical degrees approved by FASEA.
FASEA said the standard was informed through consultation with stakeholders in March and June, and through 92 formal submissions during FASEA’s consultation process in November.
Further, it noted that stakeholder feedback during the consultation raised a number of suggestions has adopted in the final Legislative Instrument, Explanatory Statement, Education Pathways Policy and Accreditation Policy, including:
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
ASIC has slammed super funds for employing communication strategies that may have confused or misled members about their product’s performance.
Stephen Jones has reiterated his commitment to ensuring Australians have access to affordable financial advice following a meeting with Michelle Levy....
A recent survey suggested many share the same sentiment.
Get the latest news! Subscribe to the ifa bulletin
Get notifications in real time and stay up to date with content that matters to you.