Another OLL update received this morning. Looks good, might help...

Another OLL update received this morning. Looks good, might help boost up the share price again

OpenLearning Limited (ASX:OLL)

Partnership Update | February 2020

Western Sydney University partners with OpenLearning to launch new online learning programs for financial advisors

Highlights

▪ Western Sydney University to deliver industry-leading continuing professional development program (CPD) for financial advisors through OpenLearning

▪ Total of 12 courses are available now, further 15 courses will launch in 2020

▪ Fees will be set at A$110 incl. GST per course, pay and enrol online

▪ Courses set the benchmark for quality CPD, leveraging OpenLearning's collaboration and project-based learning functionality

Sydney, Australia: Higher education software as a service (SaaS) company OpenLearning Limited (‘OpenLearning’ or ‘the Company’) is pleased to share the following announcement, originally announced on February 3, 2020 by Western Sydney University, and subsequent media coverage.

Western Sydney University’s School of Business has partnered with OpenLearning – one of the world’s largest online education platforms – to develop Continuing Professional Development (CPD) courses for the financial services sector.

Professor Amir Mahmood, Dean School of Business at Western Sydney University, says the courses are designed to enhance knowledge and skills, and to meet Financial Adviser Standards and Ethics Authority (FASEA) requirements, which were established as part of the findings from the recent Royal Commission into the Banking, Superannuation and Financial Services Industry.

“Since January 2019, all financial advisors are required to participate in development programs to maintain and extend their professional capabilities, knowledge and skills,” says Professor Mahmood.

“Working closely with OpenLearning, Western Sydney University have developed courses that offer up-to-the minute regulatory, technical and ethics training that are an integral part of professional financial advice. Partnering with OpenLearning means we can deliver these essential tools in a seamless manner.”

OpenLearning CEO Adam Brimo said: “We are very pleased to partner with WSU on the design and development of these CPD courses. These courses set the benchmark for CPD within the sector through the use of engaging, real-life scenarios, and established community of practice.”

Each course developed by OpenLearning and Western Sydney University is designed to enhance knowledge and skills within all CPD activity areas in order to meet FASEA requirements. FASEA was established in April 2017 with the goal of setting the education, training and ethical standards of licensed financial advisers in Australia. FASEA launched a new Code of Ethics on January 1, 2020, with all financial advisers required to adhere to the Code.

Visit Western Sydney University's website for more details on the course by clicking the button below.

FIND OUT MORE ABOUT THE COURSES >>

Recent Media Coverage

The partnership between Western Sydney University and OpenLearning has already received positive media coverage from a range of industry outlets:

1. Western Sydney University News Centre: Western Sydney University partners with OpenLearning for new online learning programs for financial advisors
2. Independent Financial Advisor (IFA Online): Western Sydney University develops FASEA-driven CPD courses
3. Mirage News: Western Sydney University partners with OpenLearning for new online learning programs for financial advisors
4. The Educator Online: University collaborations improving quality of education
5. SMS Magazine: Partnership delivers new CPD courses