Life insurer TAL has teamed up with Deakin University to support financial adviser education through TAL Risk Academy, the insurer's financial adviser education program.
The partnership aims to assist and support financial advisers with their obligation to meet the Financial Adviser Standards and Ethics Authority (FASEA) education requirements.
Niall McConville, the general manager for retail distribution at TAL, said the partnership combines TAL Risk Academy's learning resources with the academic expertise of Deakin University's Financial Planning arm. It provides a more flexible and cost-effective education pathway to help advisers not only meet the FASEA requirements but also gain a qualification from one of Australia's leading universities.
“We are pleased to partner with Deakin University to continue to support the education needs of financial advisers,” McConville said.
Financial advisers who completed three modules and assessment tasks through the TAL Risk Academy will receive a credit into Deakin University's FASEA-approved postgraduate financial planning courses. The available unit credit is for the Estate Planning and Risk Management Strategies unit (MAA700).
Modules and assessment tasks undertaken through the TAL Risk Academy can be completed online – enabling maximum learning flexibility for financial advisers regarding where, when, and the pace of study.
As part of the partnership, Deakin University announced it will offer financial advisers applying for the courses through the TAL Risk Academy a 15% discount on the cost of the courses and unit tuition fees.
“Deakin University is very happy to be partnering with TAL to develop this innovative and exciting initiative,” said Marc Olynyk, program director of financial planning at Deakin Business School. “The program was developed as a result of a close collaborative effort between the two organisations, and it illustrates the focus that Deakin University has on working with industry to develop and deliver courses and training programs that meet the specific needs of the financial advice industry and the general community.”
Aside from the partnership, TAL Risk Academy has updated its support with a new version of the FASEA Exam Masterclass.
TAL encourages advisers to register for an August virtual Masterclass before taking the FASEA exam.
