Deakin launches online study tool
Deakin University has launched a new online interactive tool aimed at helping financial advisers determine the education pathway required to help them meet the new industry standards.
Marc Olynyk, Deakin financial planning lecturer, said the tool was a convenient way for advisers to figure out the best study pathway to comply with the Financial Adviser Standards and Ethics Authority (FASEA) requirements.
“We are receiving a lot of calls from advisers who still seem perplexed about exactly what they need to do in order to meet their education requirements,” Olynyk said.
“This has been the impetus for Deakin to develop a range of education tools and resources in an attempt to provide advisers with greater certainty and clarity.”
“This interactive education pathway tool is designed to help financial planners discover how they can meet the requirements according to their previous qualifications and professional experience.”
Olynyk said it would be easy to use and provide users with personalised results to Deakin units or courses, depending on their educational and professional experience.
They were also developing an education landing page providing access to a range of education resources, including answers to frequently answered questions.
Earlier this month, FASEA confirmed its approval of several courses and bridging units and Olynyk said Deakin was proud to have more courses approved.
Those newly approved courses are bridging units and current Graduate Diploma of Financial Planning approved, as well as its historical Graduate Diploma structure, dating back to 2010.
“As well as our Graduate Diploma of Financial Planning, Deakin's financial planning course offering includes a Bachelor of Commerce with a major in financial planning, a Graduate Certificate of Financial Planning, a Master of Financial Planning, and a financial planning specialisation within our MBA,” Olynyk said.
Applications for studying in trimester two, which would begin 8 July 2019, have been extended to 5 July.
AUTHOR
Chris Dastoor
Recommended for you
Sequoia Financial Group has declined by five financial advisers in the past week, four of whom have opened up a new AFSL, according to Wealth Data.
Insignia Financial chief executive Scott Hartley has detailed whether the firm will be selecting an exclusive bidder for the second phase of due diligence as it awaits revised bids from three private equity players.
Insignia Financial has reported a statutory net loss after tax of $17 million in its first half results, although the firm has noted cost optimisation means this is an improvement from a $50 million loss last year.
With alternative funds being described as “impossible” for fund managers to target towards advisers without the support of BDMs for education, Money Management explores the evolving nature of the distribution role.
