FASEA has announced it will consult on amendments to its education legislative instruments that could allow additional recognition of prior learning for some advisers.
In a statement released on Wednesday, the authority said it had released draft amendments to the Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2020 that would include two credits of recognition of prior learning for existing advisers who had completed both a relevant degree and a post graduate relevant degree.
Under the proposed amendments, "existing advisers who have completed both a relevant degree and a relevant post graduate degree will only be required to complete two bridging courses – including ethics for professionals – to meet their education requirements", FASEA said.
The amendments also added a number of approved degrees that FASEA had recognised over the course of the year, as well as adjusting some historical course details provided by higher education providers.
The authority said feedback around the amendments would be open until 11 September.
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