From 1 January 2019, FASEA’s new professional standards requirements for financial advisers will progressively replace training standards in Regulatory Guide 146 Licensing: Training of financial product advisers (RG 146). RG 146 sets out the minimum training standards for financial advisers. RG 146 will continue to apply to financial advisers who are authorised by their Australian financial services (AFS) licensee as an ‘existing provider’ until the new requirements apply to them. RG 146 will also continue to apply to advisers who are not ‘relevant providers’ – that is, those who only provide general advice, those who provide advice about Tier 2 or less complex financial products and those who only give advice in relation to a time-sharing scheme. ASIC will review and update their guidance for advisers who are not relevant providers. RG 146 will not apply to new entrants to the industry seeking to become a relevant provider from 1 January 2019. They will need to meet FASEA’s new professional standards requirements. Are you responsible for training and development in your organisation? Do your employees require compliance training? Kaplan provides training and education solutions that can be tailored to your individual business needs. If your organisation requires Tier 1 compliance or Tier 2 compliance you should speak to one of our Corporate Solutions Representatives and find out what customised solutions we can provide. To find out more, speak to one of our Corporate Solutions Representatives on 1300 728 505. Do you provide mortgage broking services and would like to meet the minimum ASIC RG 206 education standards? Our FNS40815 Certificate IV in Finance and Mortgage Broking is for those wanting a career in the finance and mortgage broking industry. To find out more, please call one of our Course Advisers on 1300 662 203 (select option 1). Are you a responsible manager or credit representative who needs to hold a credit industry qualification? Our FNS40115 Certificate IV in Credit Management is ideal for new entrants working for Australian credit licensees (ACLs). To find out more, please call one of our Course Advisers on 1300 662 203 (select option 1).