July 1, 2019
FASEA has given its formal approval for education credits attaching to the AFA’s FChFP and ChLP courses.
In a release last week, the Authority said it has confirmed the recognition of coursework from the AFA as well as the Self-Managed Super Fund Association as part of its education standards for financial advisers.
It said advisers who have completed the AFA’s Fellow Chartered Financial Practitioner and Chartered Life Practitioner courses in or after 2013 have been awarded two credits for recognition of prior learning in line with the application submitted by the AFA.
In a separate message to his members, however, AFA CEO, Phil Kewin, noted the FASEA approval applies only to the Kaplan version of its FCHFP and ChLP designations and that it is currently working with Mentor Education in order to prepare an application for its own version of the FChFP and ChLP courses. “We will notify members as this application progresses,” said Kewin.
FASEA notes a maximum of two credits towards completion of higher education requirements can be awarded for an existing adviser who has completed one or more of the prescribed approved courses to attain a professional designation.