Additional FASEA Recognition of Prior Learning

FASEA has approved additional applications for the recognition of work undertaken for a professional designation from Association of Financial Advisers, including for AFA’s Chartered Life Practitioner designation.

The authority says in a statement that advisers who have completed coursework to attain the Fellow Chartered Financial Practitioner (FChFP) and Chartered Life Practitioner (ChLP) designation between May 2009 and June 2013, offered by the AFA, have been awarded one credit recognition for prior learning (RPL).

In July last year FASEA said advisers who have completed the AFA’s FChFP and ChLP courses since 2013 had been awarded two credits for recognition of prior learning. These courses were delivered by Kaplan.

Riskinfo understands this latest recognition from FASEA relates to the FChFP and ChLP versions offered by Mentor Education prior to 2013, when Kaplan took over the course delivery (see: FASEA Approves AFA Courses).

FASEA also notes in its statement that advisers who have completed Professional Diploma in Stockbroking coursework to attain the SAFAA Specialist designation from 2001, offered by SAFAA, have been awarded one credit for RPL.

It says the approved RPL courses have been added to FASEA’s Approved Recognition of Prior Learning list and will be added to a future Degree, Qualifications and Courses legislative instrument.

“The awarding of credits for coursework to attain the AFA’s and SAFAA’s designations provides appropriate recognition to existing advisers who have undertaken these further studies, says FASEA Chief Executive Officer Stephen Glenfield.

For the full list of FASEA approved degrees, Bridging Courses and Graduate Diplomas click here.

For guidance on courses required to meet the Education Standard, advisers can use the online Education Pathways tool (click here) or apply to FASEA using the Australian Qualification Feedback Service (click here).