The following courses and units are FAS compliant:
- Bachelor of Commerce with a major in Financial Planning
- Graduate Diploma of Financial Planning.
Financial Adviser Standards (FAS) is a unit within Treasury that sets education and training standards and the code of ethics for licensed financial advisers in Australia.
Already a financial adviser?
If you were listed on the Financial Advisers Register any time between 1 January 2016 and 1 January 2019, you have until 1 January 2026 to meet the qualification and education standards.
Depending on your current qualifications, you may only need to do between one and three bridging course units or you may need to study an eight-unit graduate diploma. If you have completed an approved degree, you will need to complete the Ethics for Professional Advisers bridging course to comply with the new standards unless otherwise specified in the current legislative instrument.
Under the new existing adviser pathway for experienced financial advisers, an eligible adviser* may meet the qualifications standard without further education and training.
Existing advisers who are eligible for the experienced provider pathway may still be required to complete some study to continue to provide tax (financial) advice services from that date.
Single unit studies
Deakin’s professionally recognised units are a simple pathway to becoming FAS compliant. Complete a unit over our 12-week trimester, either online or at our Melbourne Burwood Campus. Some units allow you to fast-track your learning experience with a three-day intensive program.
*An experienced financial adviser is an adviser authorised to provide personal advice to retail clients for a minimum of 10 years between 1 January 2007 and 31 December 2021 and has a clean disciplinary record.