Financial Standard Comments - Government expert panel hands down proposed education standards for existing advisers Under the proposed standards released today by the Financial Adviser Standards and Ethics Authority, all existing advisers will be required to make a choice between several different education pathways -and some of their current qualifications may fail to get them over the line. https://www.financialstandard.com.au/feed/latest?story=111326756 Mon, 18 Dec 2017 08:19:24 +1100 Mon, 18 Dec 2017 08:19:24 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Mike Butler (MBCC) Another authority, another regulator, another cost and most of all a burden on the industry that will not add any benefit to the advice industry. Appointing academics to decide what courses will constitute a "suitable" course will lead to the same issues that have befallen those trying to achieve "recognised tax and commercial law courses for the TPB". Until the Government recognises that simply throwing hurdles in the way of the industry is not the best way to improve it. It should stop appointing the same old people to the decision making positions or the profession will never change. My 40+ years of experience will never be enough so I will be gone by 2024 as the thought of spending months getting useless qualifications that will never have a practical use doesn't interest me in the slightest.

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]]> Mike Butler (MBCC) Mon, 18 Dec 2017 08:19:24 +1100