The SMSF Association has expressed strong concerns about how the new education and ethical standards will apply to existing financial advisers following the release of a revised standards framework by the Financial Adviser Standards and Ethics Authority (FASEA).

The Financial Adviser Standards and Ethics Authority (FASEA) has released its revised standards framework for financial advisers, as well as two legislative instruments for work and training, or the professional year, and the provisional relevant provider expression.

Online adviser portal Wealthdigital has underscored the need for financial planners to be well prepared for further postgraduate study requirements under the Financial Adviser Standards and Ethics Authority (FASEA).