Boat Loans Australia :: News
SHARE

Share this news item!

Revamped Education Pathway: New Age for Financial Advisers

Revamped Education Pathway: New Age for Financial Advisers

Revamped Education Pathway: New Age for Financial Advisers?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The landscape for financial adviser education is set for a transformation as Treasury unveils its revised standards, heralding a new direction for the industry.
These changes are poised to broaden the appeal and accessibility of financial advising as a career path.

Traditionally, the journey to becoming a financial adviser was governed by stringent prerequisites, comprising:

  • Attainment of a qualification from an exclusive list focused expressly on financial advisory subjects,
  • An extensive 1,600-hour professional training year,
  • Success in the financial adviser examination,
  • Dedication to constant professional development.

Looking ahead, the Government's reform introduces a compelling shift, advocating for a broader educational qualification. Aspiring financial advisers will need to possess a bachelor’s degree or an equivalent qualification in any field. This inclusive approach is designed to attract a diverse array of new talent to the profession.

Nevertheless, pertinent academic performance remains crucial. Candidates must achieve baseline study credentials in foundational financial domains such as finance, economics, or accounting. Additionally, they will engage in subjects essential to financial advising, which encompass ethics, regulatory and legal duties, consumer psychology, and the practical methodologies of providing financial advice.

Importantly, the new standard maintains the professional year and annual exam requirements, coupled with a commitment to continuous learning through professional education. These elements ensure that while educational doors are widened, professional rigour remains intact.

A significant departure in policy relates to adviser registration with the Australian Securities and Investments Commission (ASIC). Post July 2026, individual advisers will not be expected to register annually with ASIC, streamlining the administrative burden on advisers. Instead, their registration under their authorising Australian Financial Services licensees will suffice.

For existing advisers, the clock is ticking to meet the revised educational criteria by the 1 January 2026 deadline. This move underscores the shift towards a more educated advisory profession while recognising prior qualifications and experience.

This news shift builds on an article originally detailed by David Jacobson for Online Resources established under Bright Corporate Law's guidance.

Whether you're a new entrant or an established professional in the field, staying informed and compliant with these evolving standards is crucial.

Published:Tuesday, 18th Feb 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Finance News

Celebrating the Success of the 2025 Sydney International On-Water Boat Show
Celebrating the Success of the 2025 Sydney International On-Water Boat Show
24 Nov 2025: Paige Estritori
The 56th Sydney International On-Water Boat Show has wrapped up after four dynamic days at Darling Harbour, drawing over 20,000 visitors and featuring more than 160 vessels from 120 leading international and Australian marine brands. This year's event underscored the strength and appeal of Australia's marine lifestyle and industry. - read more
Marina Bayside Hosts First-Ever Southern Sydney Marine Expo
Marina Bayside Hosts First-Ever Southern Sydney Marine Expo
24 Nov 2025: Paige Estritori
On 8 November 2025, Marina Bayside in Taren Point proudly hosted the inaugural Southern Sydney Marine Expo, marking a significant milestone for Sydney's boating community. This event celebrated the opening of the $20 million purpose-built facility, designed to revolutionise marine services and storage in the region. - read more
BIA Announces Innovative Changes to Australia's Boat Shows in 2025
BIA Announces Innovative Changes to Australia's Boat Shows in 2025
24 Nov 2025: Paige Estritori
In a strategic move to align with evolving industry needs and global trends, the Boating Industry Association (BIA) has announced significant changes to Australia's boat show landscape for 2025. These changes aim to enhance engagement, showcase innovation, and cater to the diverse interests of the boating community. - read more
BIA Advocates for Enhanced Support in Australia's Marine Manufacturing Sector
BIA Advocates for Enhanced Support in Australia's Marine Manufacturing Sector
16 Nov 2025: Paige Estritori
The Boating Industry Association Ltd (BIA) has recently called upon all levels of Australian government to provide strategic support to the nation's marine manufacturing and recreational boating sector. This appeal comes in response to a significant skills shortage that poses a threat to the industry's economic potential. - read more
Experience the Sydney International On-Water Boat Show 2025
Experience the Sydney International On-Water Boat Show 2025
16 Nov 2025: Paige Estritori
The Sydney International On-Water Boat Show is set to make a grand return from 13 to 16 November 2025 at Darling Harbour. This four-day event promises to be a highlight for boating enthusiasts and industry professionals alike, showcasing Australia's vibrant marine lifestyle. - read more
Australian Superyacht Conference 2026: Embracing a New Era
Australian Superyacht Conference 2026: Embracing a New Era
16 Nov 2025: Paige Estritori
Superyacht Australia has announced the return of the Australian Superyacht Conference in 2026, introducing a refreshed format and a new location in Sydney. Traditionally held on the Gold Coast in May ahead of the Sanctuary Cove International Boat Show, the conference will now take place immediately following the inaugural Sydney Charter Show, creating an exciting week of activity for Australia's growing superyacht sector. - read more


Boat Loans Articles

The Beginner's Guide to Understanding Boat Insurance Coverage Options
The Beginner's Guide to Understanding Boat Insurance Coverage Options
Setting sail across the sparkling waters, whether for recreational fishing, cruising, or thrilling water sports, is a pastime many Australians cherish. However, with the joys of boating also come risks. From unpredictable weather conditions to unexpected maintenance needs, owning a boat is a significant responsibility—one that makes understanding boat insurance not just beneficial but essential for peace of mind on the waves. - read more
Budgeting for Boat Ownership: Best Practices for Financing
Budgeting for Boat Ownership: Best Practices for Financing
Owning a boat brings unparalleled joy and freedom, whether you're cruising Sydney Harbour or exploring the Great Barrier Reef. However, like many rewarding pursuits, there is a financial side to consider. Understanding the true costs associated with boat ownership is crucial, allowing you to budget properly and enjoy your nautical adventures stress-free. - read more
The Financial Advantages of Boat Loan Refinancing Explained
The Financial Advantages of Boat Loan Refinancing Explained
Welcome! If you own a boat and are currently financing it, refinancing your boat loan might be a smart move to consider. But what exactly does refinancing mean? - read more
The Benefits of Getting Preapproved Boat Finance for Australians
The Benefits of Getting Preapproved Boat Finance for Australians
If you're in the market for buying a boat, then it's crucial to familiarize yourself with preapproved boat finance. Unlike typical boat loans where you apply for financing after you've decided on a boat, preapproval allows you to secure finance before you start shopping. This gives you peace of mind and greater control over the buying process, ensuring no surprises or delays arise along the way. - read more
Boat Maintenance on a Budget: A Seasonal Checklist for Every Owner
Boat Maintenance on a Budget: A Seasonal Checklist for Every Owner
Owning a boat is a dream for many Australians, offering the freedom to explore our stunning coastlines and inland waterways. However, with that dream comes the reality of maintenance costs that can quickly add up if not carefully managed. Budget-friendly boat maintenance is key to ensuring you can enjoy your vessel without breaking the bank. - read more
Budgeting Blunders: Common Errors in Boat Financing Explained
Budgeting Blunders: Common Errors in Boat Financing Explained
A boat loan can be defined as a type of financing tailored specifically to help buyers acquire a boat. It serves a crucial role in making the dream of boat ownership more attainable, as it enables you to spread the payment over a period of time rather than shelling out a substantial sum upfront. - read more


Start Here

START HERE.

Loan Amount:
Postcode:

All quotes are provided free and without obligation by a Specialist from our National Broker referral panel. See our Privacy Statement for more details.


Quotes are offered free & without obligation. We respect your privacy.

Knowledgebase
Private Mortgage Insurance (PMI):
A type of insurance that a borrower might be required to purchase as a condition of a conventional mortgage loan, if the down payment is less than 20% of the property value.


Quick Links: | Boat Loan Finance | Boat Financing Options | Marine Finance | Boat Loan Rates | Boat Loan Calculator | Boat Loan Comparison | Boat Loan Lenders | Boat Loan Terms | Boat Loan Approval | Boat Loan Application | Boat Loan Interest Rates