The Financial Adviser Standards and Ethics Authority has finalised the degrees, qualifications and courses to be regarded as relevant to become an adviser.
Under FASEA’s Relevant Providers Degrees, Qualifications and Courses Standard, advisers are required to complete a bachelor, or higher or equivalent qualification. The determination includes a list of current and historical degrees approved by FASEA.
FASEA said the standard was informed through consultation with stakeholders in March and June, and through 92 formal submissions during FASEA’s consultation process in November.
Further, it noted that stakeholder feedback during the consultation raised a number of suggestions has adopted in the final Legislative Instrument, Explanatory Statement, Education Pathways Policy and Accreditation Policy, including:
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
E&P Financial Group, the parent company of Dixon Advisory, has confirmed it will be delisting from the ASX after ...
Financial advisers are “uniquely positioned to detect signs of financial abuse”, according to the FAAA, while also ...
Rhombus Advisory is among licensees that have seen growth, while overall financial adviser numbers have dipped below ...
Never miss the stories that impact the industry.
Get the latest news! Subscribe to the ifa bulletin