News : Education

Accounting, Education, Financial Planning

FASEA under fire for not providing course notes

July 18, 2018

Accounting services provider AccountantsIQ has admonished the Financial Adviser Standards and Ethics Authority (FASEA) over its intention not to provide preparation materials for the financial adviser examination, arguing this defies the purpose of the exam.

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Education

Calls for FASEA to recognise prior learning

July 17, 2018

Malavika Santhebennur & Krystine Lumanta

The Financial Adviser Standards and Ethics Authority’s (FASEA) proposed education standards fail to outline how prior learning will be recognised for existing advisers as they transition to the new requirements, according to an industry body.

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Accounting, Education

Limited AFSLs may be caught by full FASEA regime

July 17, 2018

Krystine Lumanta

The Financial Adviser Standards and Ethics Authority’s (FASEA) new education and training standards paint a challenging picture for practitioners, particularly those who provide predominantly SMSF advice under a limited licence, an industry executive has said.

Enforce bridging course if advisers fail exam

July 12, 2018

Malavika Santhebennur

Financial advisers and accountants should only be compelled to do bridging courses under the new education reforms if they fail the national financial adviser examination proposed by the standards board, according to an academic.

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Education

FASEA releases exam guidance

July 11, 2018

Krystine Lumanta

The Financial Adviser Standards and Ethics Authority (FASEA) has released proposed guidance on the financial adviser examination, welcoming industry feedback on any aspects of the proposals.

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Education

SMSF specialisation should follow base education

July 9, 2018

Malavika Santhebennur

The financial advice industry has thus far been indifferent towards specialisations such as SMSF accreditation, but there is an opportunity for reform in light of the proposed new education standards.

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Accounting, Education

FASEA bridging course should be practical

July 3, 2018

Malavika Santhebennur

AccountantsIQ has called on the Financial Adviser Standards and Ethics Authority (FASEA) to make its one-unit bridging course for accountants relevant and practical if it does not exempt accountants from further study to meet new education and professional standards.

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