{"id":59877,"date":"2022-03-08T15:15:09","date_gmt":"2022-03-08T04:15:09","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=59877"},"modified":"2024-10-30T08:44:12","modified_gmt":"2024-10-29T22:44:12","slug":"labor-will-look-to-sort-out-qualifications-mess-jones","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2022\/03\/08\/labor-will-look-to-sort-out-qualifications-mess-jones\/","title":{"rendered":"Labor Will Sort Out Adviser Qualifications ‘Mess’ – Jones"},"content":{"rendered":"

Labor will address what Shadow Assistant Treasurer Stephen Jones MP<\/strong> refers to as \u201cthe mess\u201d of adviser education qualifications in its first 100 days of coming into office, if successful in the forthcoming Federal Election.<\/p>\n

Speaking at the AIA Adviser Summit last week Jones, the Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, said one point he meant to raise when earlier asked about their first 100 days in office, was to get \u201c…this mess with qualifications sorted out.\u201d<\/p>\n

\"\"<\/a>
Stephen Jones MP.<\/figcaption><\/figure>\n

\u201cWe made an announcement before Christmas we would look at recognition of prior learning and we absolutely need to do that. We also need to have a look at the specialisations that are not recognised in the existing FASEA rules.\u201d<\/p>\n

Jones says it was always anticipated that there would need to be specialist learning and specialists streams within the qualifications recognition, noting he has had significant representation from brokers and also from people in the risk sector and \u201c…and I think some pretty good points have got to be made.\u201d<\/p>\n

A point of action for the first 100 days would be fixing up some of those immediate messes in the qualifications space<\/p><\/blockquote>\n

\u201cA point of action for the first 100 days would be fixing up some of those immediate messes in the qualifications space,\u201d said Jones<\/p>\n

Later in the QandA session Jones was asked again about specialisation and he stated that whatever area of financial services someone was in, there was a base line of knowledge that everyone needs to know in operating within the industry:<\/p>\n

\u201cThere’s obviously streams within the broad advising profession. The problem we have had with the FASEA model is that they tried to squeeze everyone through the same funnel and testing people or educating people in a range of things that are just not relevant to the job they have been doing for the last 10 or 20 years.”<\/p>\n

He said this seems to be an enormous waste of public and private resources and a conversation needed to be had.<\/p>\n

\u201cI actually see it as a high priority, something we should be able to start actioning immediately after the next election, if we’re are successful.\u201d<\/p>\n

\"\"<\/a>
Stephen Jones MP.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Labor will address what Shadow Assistant Treasurer Stephen Jones MP refers to as \u201cthe mess\u201d of adviser education qualifications in its first 100 days of coming into office, if successful in the forthcoming Federal Election. Speaking at the AIA Adviser Summit last week Jones, the Shadow Assistant Treasurer and Shadow Minister for Financial Services and […]<\/p>\n","protected":false},"author":24,"featured_media":59885,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,6994],"tags":[],"class_list":["post-59877","post","type-post","status-publish","format-standard","has-post-thumbnail","category-compliance-regulation","category-education"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/59877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=59877"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/59877\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media\/59885"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=59877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=59877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=59877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}