There is an approved list of financial planning degrees, most relevant being the Masters of FP. Arent that many that will have this currently.
This link best explains it IMO.
http://www.moneyandlife.com.au/professionals/news-opinion/fasea-proposals-how-do-you-fit-in/
There is going to be a massive exodus leading up to 2024, playing in a FPA golf day last week there were probably at least half of the planners I spoke to organising their exit. If you jump onto FP sites and look at adviser qualifications, many still sit on the diploma only.. This should have been done a long time ago IMO.
SP Movement & General IAM Chatter, page-668
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