Category | Training

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Greater Recognition of Experience Needed in Education Model – AFA

The education pathways for existing advisers proposed by FASEA need to take into greater consideration the experience of older advisers as well as any Continuing Professional Development (CPD) they have attained, according to the AFA. (more…)

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2 · December 18, 2018 in Associations, Compliance & Regulation, Training  
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Advisers Will Have Limited Feedback on Exam Performance

Financial advisers will be given three hours to answer 70 questions in the proposed FASEA Adviser Exam but will only be provided with limited feedback on their answers if they fail. (more…)

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7 · December 14, 2018 in Compliance & Regulation, Training  
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Associations Must Apply For Designation Accreditation – FASEA

The Financial Adviser Standards and Ethics Authority (FASEA) has invited industry associations to apply for accreditation of their professional designations so advisers can gain credits for the recognition of prior learning. (more…)

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0 · December 12, 2018 in Associations, Compliance & Regulation, Training  
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AFA Questions FASEA View of Advisers

FASEA’s view of financial advisers has been questioned by the AFA which has asked the education body why new Continuing Professional Development (CPD) standards have ethics training occupying nearly twice the time allocated to professional and technical reading. (more…)

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4 · December 11, 2018 in Associations, Compliance & Regulation, Training  
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New Education Standards Disadvantage Women, Part-Timers

New education standards being put forward by FASEA will be disadvantage female, part-time, and older advisers who will not be able to both work and study, according to the chair of a top five licensee. (more…)

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0 · December 6, 2018 in Compliance & Regulation, Training  
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FASEA Releases Two Stage Process to Recognise Foreign Qualifications

Financial advisers with qualifications gained overseas will be required to have them assessed by a Federal Government approved body before seeking further approval from FASEA that the training is considered eligible for recognition of prior learning. (more…)

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0 · November 30, 2018 in Compliance & Regulation, Training  
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Advisers Urged to Check Registration Status

Financial advisers have been urged to check they are registered on ASIC’s Financial Adviser Register (FAR) before the end of the year to avoid being considered as a new entrant to the industry and subject to differing education requirements than for existing advisers. (more…)

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0 · November 26, 2018 in Associations, Compliance & Regulation, Training  
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FASEA Will Consider Longer Timeframes on Designations

Advisers may be given recognition for education undertaken prior to cut-off dates listed by FASEA but will require their professional associations to request its inclusion, according to the head of the education body. (more…)

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3 · November 23, 2018 in Associations, Training  
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FASEA Releases CPD and Ethics Instruments

FASEA has released two more legislative instruments related to changes to education and professional standards, lifting the total number of instruments open for final consultation to five out of seven standards covered by the Authority. (more…)

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0 · November 22, 2018 in Compliance & Regulation, Training  
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FASEA Reveals Longer Timeframe for ADFP Credits

FASEA has released further details about its recognition of prior learning for advisers who have studied for the Advanced Diploma of Financial Planning (ADFP), stating its consideration would extend as far back as when the course was offered by the FPA. (more…)

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2 · November 20, 2018 in Associations, Compliance & Regulation, Training