A new suite of continuing professional development (CPD) courses will be made available to the financial services sector, stemming from a partnership between Western Sydney University School of Business and online education provider OpenLearning.
The courses have been developed in response to the Financial Adviser Standards and Ethics Authority (FASEA) education requirements introduced last year.
Commenting on the new service, Western Sydney University School of Business dean Amir Mohmood said: “Since January 2019, all financial advisers are required to participate in development programs to maintain and extend their professional capabilities, knowledge and skills.
“Working closely with OpenLearning, Western Sydney University has developed courses that offer up-to-the minute regulatory, technical and ethics training that are an integral part of professional financial advice.
“Partnering with OpenLearning means we can deliver these essential tools in a seamless manner.”
OpenLearning chief executive Adam Brimo said the course content has been constructed in a very practical manner.
“We are very pleased to partner with Western Sydney University on the design and development of these CPD courses. These courses set the benchmark for CPD within the sector through the use of engaging, real-life scenarios and an established community of practice,” Brimo noted.
The results of the FASEA financial adviser exams conducted in December 2019 were announced last week. They showed over 86 per cent of the 2981 individuals who sat the exam passed.