FASEA just provided further relief to advisers

Alex Burke,  Senior Writer,  No More Practice Education

Providing relief to advisers who have done the coursework to achieve certain designations, FASEA has now confirmed further recognition of prior learning (RPL) credits.

If you have completed the Association of Financial Advisers' and Fellow Chartered Financial Practitioner (FChFP) and Chartered Life Practitioner (ChLP) in or after 2013, you'll be awarded two RPL credits. You'll also be awarded one RPL credit if you've completed the SMSF Association’ SMSF Specialist Adviser designation, provided you commenced the course in or after 2005.

Commenting on the recognition, FASEA chief executive Stephen Glenfield said: "The awarding of credits for coursework to attain the AFA and SMSFA designations provides appropriate recognition to existing advisers who have undertaken these further studies."

This news follows FASEA approving its first round of graduate diplomas and bridging courses after applications from certain higher education providers.

The standards body said these courses and diplomas are aligned with its required curriculum. FASEA chief executive Stephen Glenfield explained: "The release of the approved list of Bridging Courses and Graduate Diplomas gives advisers a clear pathway to meet the education standard by 1 January 2024."

You can view the full list of approved courses and diplomas here.


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