SMSF Association Submission
The SMSF Association welcomes the opportunity to make a submission on the Financial Adviser Standards and Ethics Authority’s (FASEA) proposed continuing professional development (CPD) requirements.
The SMSF Association supports introducing a consistent CPD requirement across the financial advice sector. We believe that ongoing CPD is essential to advisers having up to date knowledge and constantly improving skills to service their clients. While we are supportive of FASEA’s goal and the legislative requirements for CPD we believe there are some issues with FASEA’s CPD requirements which are discussed in the submission.