Back to school: what advisers think of the new education standardsBY JAMIE WILLIAMSON | VOLUME 12, ISSUE 4  On 9 February 2017 the Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 establishing a new education and professional standards framework for the ... Get articles like this delivered to your email - Sign up for the free weekly newsletter  More Articles |
Latest News
Retirement confidence highest since 2020: SSGA
Despite persisting cost-of-living pressures, economic uncertainty, and heightened retirement costs, retirement confidence has increased from 24% in 2023 to 33% in 2025.
Awareness of options could boost advice access: CFS
Superannuation is the number one topic Australians want financial advice on, however a significant proportion have little to no idea they can pay for it through their super.
CSLR levy underspend expected as claim processing slows
The Compensation Scheme of Last Resort (CSLR) is set to underspend its $24.1 million FY25 levy.
Count Financial class action dismissed
The Federal Court has dismissed a class action against Count Financial and determined the applicant will pay Count's costs.
Further Reading
Cover Story
Moving mountains
MAGDELINE JACOVIDES
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
FOUNDER AND FINANCIAL ADVISER
MAZI WEALTH
On top of running a successful practice, Mazi Wealth founder Deline Jacovides is a fierce advocate for closing the superannuation gender gap and has built a highly popular social media presence that takes financial literacy to the next level. She tells Karren Vergara where her passion comes from and how she integrates it all with family life.
Expert Feed
The need to achieve real scale in advice - and serve all Australians
One of the great social challenges in financial services today is the millions of everyday Australians who want and need financial guidance but cannot ...
Are US assets becoming less desirable?
There has been so much commentary, including by us, on the twists and turns of US trade policy - notwithstanding the latest 90-day truce with China - ...
Listed private equity: A strategic opportunity amid global market dislocation
The sharp escalation in global trade tensions in 2025 has injected a fresh layer of volatility into capital markets.
How to manage the rise of 'early' inheritances
For decades, financial advice around wealth transfers has largely focused on estate planning and the distribution of assets after death. However, a significant ...
It would be great to see common sense (aka rare sense) prevail. I have many professional friends in other professional industries and when you explain to them what new education standards have been mandated they all (without exception) disagree with making experienced advisers "go back to school" to attain a degree or equivalent. All of them reference what happens in ALL other industries and suggest that RPL's are a must. As far as an annual exam goes...it will be interesting how this exam is going to segregate the 2 very different disciplines...investment and insurance. Are specialist wealth advisers (who think they know what markets are going to do day-to-day) going to sit the same exam as a specialist risk adviser? My belief is that FASEA are lagging with their decision because it is too hard for them to create a protocol that is going to make sense while at the same time satisfy the plethora of regulating bodies. Does over regulation mean anything to anyone?