In a statement, FASEA said no approvals have been made in relation to the applications it has received from higher education providers for the provision of graduate diplomas and bridging courses.
Further, FASEA wishes to advise that, by the cut-off date of 12 April 2019, it had received:
- 14 applications by graduate diploma providers for accreditation; and
- 11 applications by bridging course providers for accreditation.
FASEA said it will take a period of up to eight weeks upon receipt of applications to assess and approve those applications, and that further advice on accredited graduate diploma and bridging course providers are therefore due to be announced mid-June 2019.
“Information pertaining to accredited courses will be available on the FASEA website at this time,” it said.
“This would allow accredited providers sufficient time to commence offering accredited graduate diplomas and bridging courses in the second half of the 2019 calendar year.”
However, FASEA said it approved two eight-unit diplomas from the Securities Institute of Australia for two-credits recognition of prior learning:
- Securities Institute Education Diploma (Diploma of Financial Planning); and
- Securities Institute Education Diploma (Diploma of Financial Markets).
The diplomas will be added to the FASEA Relevant Providers Degrees, Qualifications and Courses Standard Legislative Instrument.
[quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
[b]Another “CA” turd, useless, worthless, past their use by date [/b][b][/b]
[quote=Anonymous][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
WOW!! What a really helpful individual you are ! Professional jealousy ? I do not know, but you are a sad excuse for a Financial Planner! Please do not give people advice with that attitude. Do you know what envy is? Envy occurs when we lack a desired attribute enjoyed by another.
Ace, have you ever heard this old saying:
“As iron is eaten by rust, so are the envious consumed by envy”.[/quote][quote=Anonymous][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
WOW!! What a really helpful individual you are ! Professional jealousy ? I do not know, but you are a sad excuse for a Financial Planner! Please do not give people advice with that attitude. Do you know what envy is? Envy occurs when we lack a desired attribute enjoyed by another.
Ace, have you ever heard this old saying:
“As iron is eaten by rust, so are the envious consumed by envy”.[/quote]
YOU are going to have a problem with comprehension in the exam. no one is jealous of you TURD
[quote=Anonymous][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
WOW!! What a really helpful individual you are ! Professional jealousy ? I do not know, but you are a sad excuse for a Financial Planner! Please do not give people advice with that attitude. Do you know what envy is? Envy occurs when we lack a desired attribute enjoyed by another.
Ace, have you ever heard this old saying:
“As iron is eaten by rust, so are the envious consumed by envy”.[/quote][quote=Anonymous][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
WOW!! What a really helpful individual you are ! Professional jealousy ? I do not know, but you are a sad excuse for a Financial Planner! Please do not give people advice with that attitude. Do you know what envy is? Envy occurs when we lack a desired attribute enjoyed by another.
Ace, have you ever heard this old saying:
“As iron is eaten by rust, so are the envious consumed by envy”.[/quote]
Professional Jealousy? of you? what for? you are the one trashing FASEA as a second tier exam what does that mean
[quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote][quote=Ace ][quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status [/quote]
WOW!! What a really helpful individual you are ! Professional jealousy ? I do not know, but you are a sad excuse for a Financial Planner! Please do not give people advice with that attitude. Do you know what envy is? Envy occurs when we lack a desired attribute enjoyed by another.
Ace, have you ever heard this old saying:
“As iron is eaten by rust, so are the envious consumed by envy”.
[quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
how does a first rate person like you fail a second tier fasea exam. already afraid huh. you should be. you won’t pass as you need a lesson in humility
Looking forward to all the whingers being out of the industry 🙂
[quote= CA CFP]I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
[/quote]
Why don’t you make a personal submission to FASEA and tell them the following:
That you are a “CA” (whatever special authority you think that gives you ) [b]AND [/b][b][/b]
That you work under a Royal Charter. and explain in your submission that, “A Royal Charter is an instrument of incorporation, granted by her Majesty The Queen, which confers independent legal personality on you as an individual and gives you the powers to govern your own affairs.”
and therefore, you do not need to comply with the laws of australia because you are a “special person” and that “special person” status was granted to you by HM The Queen, who is also the Queen and Sovereign and reigns over australia
let us know how you go, so we could all aspire to your esteemed status
After almost 30 years I have had enough. How much stress and anxiety can advisers deal with? It’s just not worth it.
“Are they going to extend the deadline….?”
I actually asked them this directly and they pointed out that the dates are in the legislation and therefore out of their hands… Only the government can extend the deadlines.
What a circus. What an absolute rort. How did this once great profession and industry get hijacked and bent so badly?
The whole situation around this education is everything rubbish is appalling. The FPA and every individual involved should hang their heads in shame, in time you will be rewarded for your lies and mafia tactics to line your own pockets. Karma will pay you back.
Meanwhile, I have left the industry for good. My time is more valuable to me spent living life than spending countless hours ticking multiple choice questions and the other nonsense you have inflicted on good people for no good reason.
I am fortunate enough to not need the money but I feel for you poor saps that must keep working in this ridiculous industry that has been destroyed.
The biggest loser is the public, the poor bastards who need advice and have to pay through the nose for a mountain of legal jargon they will never read. What a disgrace the FPA is to allow this to happen. They actually designed this and went after it so they could flog courses and memberships. You really are a disgrace FPA and the AFA isn’t that far off either but at least they didnt start the circus. They did however keep their mouth shut and benefited off it.
Cue the chook feeding Dudley do rights who love the FPA and enjoy this circus.
In my head from reading this I see an image of 25,000-odd advisers swimming down stream one way and 8-9 lunatics swimming up stream, the other way.
Why is it that the 8-9 lunatics can’t see the damage they’re creating and the lack of common sense that the rest of us can?
This is beyond a joke and just bloody wrong on so many levels and why I’m leaving! You’re a bloody disgrace FASEA.
This is almost as funny as the exam we have to pass to prove we are competent to advise, only to then go on and study the modules that we have just passed and proved competency in with the exam. The show on ABC Utopia, which is about a government funded body planning out nation building for Australia is a great laugh. I am looking forward to when ABC puts the show based on FARSEA into production. Its sure to be very funny and a ratings hit.
All my retired clients are really looking forward to having to replace their B.Comm, MBA adviser with 34 years in the industry with a twenty-something years old with all the right accreditations but no experience to lean on. NOT!
if it wasn’t so serious it would be hilarious… a little bit like a Seinfeld show
Well there is no rush most advisers are leaving anyway ,
FASEA will hope to be organised by December 2023.
Please just pay for education and waste time on course you may not need to do as FARSEA can’t get it together, 2 years into process and still not organised.
December 2023. Please complete your courses in the remaining 4 weeks.
What a most ridiculous, time wasting bunch of political / educational morons.
Over Bloody Complicated ODwyer strikes again.
Take your time FARCESEA I’m one of the 50%+ advisers in their late 50’s who is planning to just retire a few years earlier that go through this useless farce. What a joke you are.
I wonder what advised clients will do on 1 January 2021, when 80% of them suddenly find themselves unadvised. Who would have thought that a Chartered Accountant and CFP, bound by the highest standards of ethics for 20 years – would be disallowed from providing personal advice for failure to pass a second tier FASEA exam!
Only politicians could have imposed this cock-up. Pity there is not an iota of common sense on the FASEA board. These guys give other bureaucrats a good name.
It is not unreasonable to expect FASEA to provide an extension to the timeline.
It would almost be funny if it wasn’t true. This FASEA debacle is an absolute mess. When are the heads going to roll in this mob.
Don’t worry the FPA, is as they say ,working behind the scenes. Code for another stuff up . How about the FPA and IFa stay out of it and let the FASEA experts try to figure something out themselves ….. Should be interesting !!!!
FASEA – wow thanks for that update. Delays heh? Who would have thought? A totally conflicted bunch of monkeys – now calling the shots, does anyone wonder why with the exam due soon still nothing? And why would anyone think it’s wise to examine everyone and THEN ask them to complete study in those same areas? Just beggers belief…
the clock is ticking and still we wait for FASEA to get their act together. How are we supposed to pass an exam in 1 1/2 years that doesn’t exist and complete bridging courses that are not approved yet.
No rush. It’s not like advisers have a deadline to complete any further study…
Are they going to extend the deadline….?