The FAAA is expanding its Approved Specialisations Program, with applications now open to education and designation providers offering qualifications in a broader range of financial advice areas.
Until now, the program has included specialisations in Aged Care, Life Risk, and the Fellow Chartered Financial Practitioner (FChFP) designation. The expansion will now welcome applications from education providers offering programs in areas such as:
- Estate Planning
- Retirement
- Money Therapy
- SMSF (Self-Managed Superannuation Funds)
- Responsible Investing
“There is increasing demand from consumers for advisers with demonstrated expertise in specific advice areas,” said Anne Palmer, FAAA GM of Education.
“We want to support advisers in their ongoing learning and development and help them stay in the profession they’ve worked hard to be part of.”
Palmer said licensees with advisers focusing on aged care or SMSF for example, often mandate further education in these fields for their advisers.
“An FAAA endorsed specialisation ensures the education content is of sufficient standard and that advisers holding the specialisation are continuing to undertake at least five hours of CPD a year in staying up to date in that field,” she said.
“By expanding the Specialisations Program, we are helping advisers distinguish themselves professionally and partnering with quality education providers to raise the standard of advice across the industry.”
