To ensure high standards of financial advice, FASEA mandates a bachelor's degree in a relevant discipline as the minimum education requirement.
Ethics and Professionalism is a core subject required by FASEA to ensure financial advisers adhere to ethical practices.
FASEA requires financial advisers to complete 40 hours of CPD annually to maintain and enhance their professional competence.
The education standards aim to enhance the knowledge, skills, and ethical conduct of financial advisers, ensuring quality advice for clients.
The Financial Adviser Standards and Ethics Authority (FASEA) is responsible for setting and overseeing education standards for advisers.
FASEA requires advisers with pre-existing experience to complete a bridging course to meet current education standards.