FPA welcomes FASEA accreditation of CFP
The Financial Advisers Standards and Ethics Authority (FASEA) may have moved up in the Financial Planning Association’s (FPA’s) books after the regulatory body chose to award the Certified Financial Planner (CFP) program two credits earlier this week.
Alongside qualifying for recognition of prior learning, the CFP Certification Program also received recognition for up to four credits with many universities for existing Master of Financial Planning programs.
FPA chief executive, Dante De Gori, said the announcement acknowledged that the CFP designation continued to be the globally recognised “gold standard” in advice, given research showed those who worked with a CFP professional felt more confident in achieving their financial goals.
The decision would mean financial planners who started and subsequently completed the FPA’s five unit CFP Certification Program since semester 2, 2003, would receive two credits for the appropriate existing adviser pathways set out in FASEA’s Education Standard.
AUTHOR
Anastasia Santoreneos
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