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WRITER: Ron McIver


Issue 14

LICENSING REFORMS & EDUCATION

In response to the fallout of the royal commission, the Financial Adviser Standards and Ethics Authority (FASEA) has imposed new standards for ethical behaviour and practice for financial planners. By 2024, existing practitioners will also be required to complete an FASEA approved education program in order to continue practising, while those looking to enter the industry need to study a FASEA approved undergraduate or postgraduate degree program from January 2019.

UniSA was the first institution in South Australia – and one of the first nation-wide – to provide financial planning programs that meet the new educational requirements set by FASEA.