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FASEA gives tick of approval to more prior learning

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By aflores
February 18 2020
1 minute read
FASEA gives tick of approval to more prior learning
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The Financial Adviser Standards and Ethics Authority has formally recognised professional designation coursework from two industry bodies as well as additional university bridging courses as part of its education standards for financial advisers.

Advisers who have completed coursework to attain the FChFP and/or ChLP designation between May 2009 and June 2013 from the Association of Financial Advisers (AFA) have been awarded one credit recognition for prior learning (RPL), FASEA said in a statement.

In addition, advisers who have completed Professional Diploma in Stockbroking coursework to attain the SAFAA Specialist designation from 2001 from the Stockbrokers and Financial Advisers Association (SAFAA) have been awarded one credit RPL.

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FASEA also said it has approved the Financial Advice Regulatory and Legal Obligations and the Behavioural Finance Client and Consumer Behaviour bridging courses from Swinburne University, which are available to existing advisers.

The approved bridging courses will be added to FASEA’s future degree, qualifications and courses legislative instrument.

“The approval of these additional bridging courses builds on the body of courses approved by FASEA and provides additional choice to advisers seeking to meet the education standard,” said FASEA chief executive Stephen Glenfield.

“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.

“The approval of Swinburne’s bridging courses build on the body of courses approved by FASEA and provide additional choice to advisers seeking to meet the education standard.”

Adrian Flores

Adrian Flores

Adrian Flores is the deputy editor of SMSF Adviser. Before that, he was the features editor for ifa (Independent Financial Adviser), InvestorDaily, Risk Adviser, Fintech Business and Adviser Innovation.

You can email Adrian at [email protected].