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The Financial Planning Association has called for the removal of the related degree categories under the proposed mandatory education standards for advice professionals, which would effectively mean those with accounting-related degrees would have to undertake significantly more study than financial planners to comply.
In a submission to FASEA, the Financial Planning Association of Australia (FPA) is proposing one category of recognition for existing financial advisers who hold a degree which is not in financial planning and advice.
Read the full article at SMSF Adviser.