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ASIC to take 'balanced' stance on super advertising ban rules
The corporate regulator said it promises to take a "balanced" approach to enforcing new rules around any advertising of superannuation funds during the employee onboarding process, which take effect in a few weeks.
BlackRock expands active ETF range
BlackRock is set to expand its Australian ETF range with the launch of the iShares World Equity High Income Complex ETF (ASX: WYNC), an actively managed strategy targeting investors seeking both income and broad global equity exposure.
T. Rowe Price names head of intermediary for Australia
T. Rowe Price has appointed a head of intermediary for Australia, following a three-month absence in the role after Jonathan Ross' departure in March.
FEATURE | Aged care: The longevity dividend
It's not just Australia that is dealing with an aging population, in fact the World Health Organisation estimates by 2030, one in six people will be aged 60 years or over.
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Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







Was anybody else surprised when they found out that the CFP is a designation and not a qualification? Since one has to study quite hard for it I am not sure about the distinction. I also never before heard that the CFP was not a qualification - I may have missed it but I never saw such a disclaimer before and I have been an FPA member for a while. Does anybody have any insights about this?
One pointer to the CFP not being a qualification is that a lot of people were grandfathered into it who only had a diploma of financial planning. It is one reason I only ever did CFP 1 (out of CFP 1-4) (to gain the life risk specialist - I presume - designation and not qualification?).
How is the CFP already at a Masters level?
Masters degrees are at Australian Qualifications Framework Level 9.
Graduate Certificates and Graduate Diplomas are at Australian Qualifications Framework Level 8.
The Certified Financial Planner is not even awarded as a Graduate Certificate. Hence its not even AQF Level 8. If it was why wouldn't the Financial Planning Association have got it formally recognised as a Graduate Certificate?
The Chartered Accountants Program is only 5 subjects and is awarded as a Graduate Diploma. Hence all the talk of designations versus qualifications is rather confusing. It's not clear at all why the Certified Financial Planner can't be awarded as a Graduate Certificate at least. With the certifications its effectively 5 subjects or at least 4 subjects (CFP1-4).