Industry consulation on the FPA's proposal for a national curriculum for financial planning education in Australia is unlikely to significantly change in direction with a number of universities already offering their stamp of approval.
FPA chief professional officer Deen Sanders told InvestorDaily that while the advice association welcomes commentary from Australia's tertiary education sector, he is expecting feedback will be largely supportive.
"This already has been in a worker program for some time," Sanders said.
"This consultation is 80 pages and is already fully developed and has already had a number of universities engaged in the initial drafting phase.
"So we'd expect the consultation phase will be robust and interesting but frankly it is unlikely to take too long. It closes on 30 June but we'd expect at this stage of the game, we're certainly hopeful of a strong broader consensus."
Sanders said the planned curriculum framework in the accreditation has received "consensus agreement" from members of the independent educational council, the Financial Planning Education Council (FPEC) and 17 universities directly involved.
"So we'd expect that whilst we're very open to the feedback we do anticipate that it's largely going to be supportive of the goals," he said.
Last week, the FPA in conjunction with the FPEC announced the launch of a national consultation framework on the curriculum and accreditation requirements for financial planning education in Australia.
The FPA established the FPEC last year. The council is made up of the academic and professional community and has been championed to review the existing programs on offer and research the needs of the university community.
