FASEA announces CPD relief
Advisers have been granted a three-month extension for meeting their CPD requirements in response to the extraordinary circumstances with COVID-19.
FASEA has announced it will grant advisers an additional three months to meet the 40-hour CPD requirement in the current COVID-19-impacted CPD year.
“This three-month extension is a one-off recognition of the difficulties faced by advisers this year. Advisers will be required to complete 40 hours of CPD in 12 months in future CPD years and may not double count hours across the years,” FASEA said.
FASEA will consult on a legislative instrument amendment to give effect to this extension.
“In recognition of the difficulty in attending face-to-face training due to COVID-19 restrictions, FASEA encourages advisers to utilise effective solutions being offered by licensee CPD programs that contain online learning as part of a led or conducted CPD program,” it said.
“Video conferencing and/or webinar technology options are equally considered appropriate alternatives to face-to-face offerings.”
Miranda Brownlee
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.
