FASEA issues direction on designations

The Financial Adviser Standards and Ethics Authority (FASEA) has invited industry associations to apply for accreditation for their respective professional designation programs.

Existing advisers who have completed approved coursework in relation to approved designations will be entitled to a credit of up to two units in the graduate diplomas being deliberated on by FASEA for the new education framework for advisers.

Notices have been sent to various industry associations informing them of the process to have the course content of their designations approved by FASEA.

The standards authority is encouraging all financial services industry associations with a relevant professional designation program to submit their curriculum content for approval as soon as possible.

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