Good deal on course costs for financial planners

The Financial Planning Association of Australia tells members five education providers are discounting course fees for them

Providers are Deakin University, Kaplan Professional, Swinburne University, TAFE NSW and Uni Newcastle and the price cuts range from 10 per cent to 25 per cent.

Financial planners must meet new formal education standards specified by the Financial Adviser Standards and Ethics Authority, requirements first discussed when Luca “double entry” Pacioli was a pup.

So, with established advisors needing to upgrade qualifications why are the five discounting? Perhaps because there is a corps of competitors in the marketplace. As of last week, FASEA approved bachelor/higher degree/bridging courses at no less than 22 universities, one non-uni HE provider (Kaplan) and NSW TAFE.

 

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