Based on the legislation introduced by the Government to raise the professional, education and ethical standards of financial advisers, the Financial Adviser Standards and Ethics Authority (FASEA) has released their proposed guidance for existing advisers to meet the new education standards.
The below document by the SMSF Association is a breakdown of common qualification levels that may be held by financial advisers which may have potential implications, to the best of our knowledge at this time, for further education.
At the time of publishing, the contents of this resource were accurate and correct.
Disclaimer: Technical Papers contain general advice only and are prepared without taking into account particular objectives, financial circumstances and needs. The information provided is not a substitute for legal, tax and financial product advice. Before making any decision based on this information, you should assess its relevance to the individual circumstances of your client. While the SMSF Association believes that the information provided is accurate, no warranty is given as to its accuracy and persons who rely on this information do so at their own risk. The information provided in this bulletin is not considered financial product advice for the purposes of the Corporations Act 2001. © SMSF Association