FASEA gives verdict on CFP relevance

The legislative instrument is updated with additional information from higher education providers on their historical degrees and extends the range of approved historical programs.

It also includes the first approved recognition of prior learning (RPL) for education undertaken to attain a professional designation.

The FPA’s five-unit Certified Financial Planner (CFP) program (commencing semester two, 2003) has been assessed pursuant to FASEA’s program and provider accreditation policy and as a result financial advisers and planners who have completed this program will receive two credits for the appropriate existing adviser pathways set out in FASEA’s Education Standard.

FASEA has also worked with higher education providers to enhance information on historical degrees, and with industry associations to review potential recognition of learning opportunities following on from queries and information received from industry.

“We welcome stakeholder feedback as we continue to update FASEA’s approved list for the education standard, and all feedback will be carefully reviewed prior to making of the legislative instrument and release of the explanatory statement,” FASEA chief executive Stephen Glenfield said.