FASEA has announced it will grant advisers a relief on meeting the CPD requirement.
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.
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