News : Education

Education, Financial Planning

CPD requirement handicaps part-time practitioners

The continuing professional development (CPD) requirements mandated under the Financial Adviser Standards and Ethics Authority (FASEA) will potentially disadvantage practitioners working part-time, such as women, the chair of a dealer group has said.

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Education, Financial Planning

FASEA classification process remains unclear

The determination as to whether an individual has a relevant degree under the new Financial Adviser Standards and Ethics Authority (FASEA) education guidelines for financial planners currently remains unclear.

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Accounting, Compliance, Education

Limited licensing at odds with FASEA requirements

The new education requirements for accountants who wish to continue providing financial advice coupled with the limited licensing requirements have made compliance activity excessively onerous for these practitioners, according to an online technical service provider.

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Compliance, Education, Financial Planning

KnowITdigital unveils study hub, partnerships

KnowITdigital has announced three additions to its wealthdigital online platform, including the areas of study and compliance.

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Education, Regulation

SMSFA pushes for more FASEA RPL inclusions

The SMSF Association is lobbying the Financial Adviser Standards and Ethics Authority (FASEA) for its professional designations and specialisation courses to be included as recognised prior learning (RPL) elements in its educational requirements for existing financial advisers.

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Accounting, Education, Financial Planning

FASEA issues foreign qualification guidance

The Financial Adviser Standards and Ethics Authority (FASEA) today released its policy on foreign qualifications for financial advisers, outlining how new and existing advisers can qualify under the new education standards.

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Accounting, Education, Financial Planning, Regulation

Limited licensees urged to register

The impending Financial Adviser Standards and Ethics Authority (FASEA) deadline has caused confusion among accountants with a limited licence, mainly that they will need to be on the adviser register.

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Education, Property

Property course resonates with practitioners

Mentor Education Group has revealed it has had early success and positive feedback for its inaugural Real Estate Agents Representative Course (Victoria), reaffirming its expectation property will continue to attract professional financial advisory practitioners for the future beyond the banking royal commission and the Financial Adviser Standards and Ethics Authority (FASEA) changes.

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Accounting, Education, Financial Planning

FASEA exam appropriateness questioned

Concern among accountants continues to exist over the appropriateness of the bridging exam the Financial Adviser Standards and Ethics Authority (FASEA) has imposed on existing advisers with a relevant degree currently operating under a limited Australian financial services licence.

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Accounting, Education, Financial Planning

CAANZ pleased with FASEA requirements

Chartered Accountants Australia and New Zealand (CAANZ) today welcomed the release of the Financial Adviser Standards and Ethics Authority’s (FASEA) draft legislation for five out of the seven standards.

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