logo

Industry Bodies

FASEA releases draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument

03 Dec 2019
From

Stephen Glenfield

FASEA has released draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument (the 2019 determination) and Explanatory Statement for consultation.

The draft 2019 determination includes all bachelor degrees, Graduate Diplomas and Bridging Courses approved by FASEA since the 2018 determination was registered.

It also includes FASEA approved recognition of prior learning (RPL) for education undertaken to attain professional designations and the associated credits appropriate for the existing adviser pathways set out in FASEA’s Education Standard.

Finally, the draft 2019 determination includes amendment to historical course/degree details provided to FASEA by higher education providers post registration of the 2018 determination.

Detail of the relevant additions contained in the draft 2019 determination is included in the attached tables (link).

The 2019 Determination is released for public consultation. All feedback and submissions on this 2019 Legislative Instrument can be submitted through FASEA’s dedicated consultations email [email protected] by 9 December 2019.

The legislative instrument and explanatory statement can be viewed here.

Following the consideration of all feedback, the 2019 determination will be registered and will repeal and remake the Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2018 (the 2018 determination).

“The draft 2019 determination documents the significant body of course and other accreditations approved by FASEA throughout 2019 and provides recognition of study undertaken by advisers. FASEA welcomes stakeholder feedback as we continue to update FASEA’s approved list for the education standard, and all feedback will be carefully reviewed prior to making of the legislative instrument and release of the explanatory statement” FASEA Chief Executive Stephen Glenfield said.

Tags:

Earn CPD Points

  • CPD: A TTR strategy for modern retirement

    We are currently witnessing one of the most significant demographic transformations in Australia’s history. Over the next decade, an estimated 2.5 million Australians are expected to enter retirement[1]. This article, [...]

  • CPD: Trend following in uncertain times

    Trend following strategies aim to generate returns by capturing sustained price movements across a diverse range of asset classes. Unlike traditional investment approaches that rely on valuation or forecasting, trend [...]

  • CPD: Aged care advice and ethics

    Data from the Australian Institute of Health and Welfare (AIHW) shows that Australia’s population aged 65 and over is projected to reach 22% – or 8.8 million people – by [...]

  • CPD: AI governance – a practical framework for advisers

    Regulator scrutiny of AI governance just got serious In years to come, they may well call it the ‘Mythos effect’ – the point in early 2026 where all the concerns [...]

  • CPD: Thinking outside the box – providing a loved one a paycheque for life

    Australia’s great wealth transfer is well underway. An estimated $5.4 trillion is expected to pass from those aged 60 and over to younger generations within the next two decades.[1] In [...]

View more CPD