FASEA announces CPD relief

FASEA will grant advisers an additional three months to meet the 40-hour CPD requirement in a one-off recognition of the difficulties faced by advisers due to the business disruption of COVID-19. Advisers will be required to complete 40 hours of CPD in 12 months in future years and may not double count hours across the years.

FASEA will consult on a legislative instrument amendment to give effect to the extension.