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Wealth Professional | 06 Jan 2015, 10:25 AM Agree 0
At least that’s what could happen if Canada adopts a recent recommendation by the Australian government. Should we follow?
  • Brad jardine | 06 Jan 2015, 11:30 AM Agree 0
    While professionalism and competence are worthy goals, the means to achieve them can not be measured by educational standards alone.
    A proposal along these lines sounds more like another barrier to entry to an exceedingly difficult one as it is.
    In addition, the various fees, licenses and Continuing educational requirements, combined with the excessive administration of the various governing bodies are simply getting out of hand.
    And don't get me started on the CE Credit "industry" all around us.
    It makes everyone feel warm and fuzzy that requirements exist, but when 20 credits can be done in 2.5 hours online what does this really say about the level and quality of the knowledge required. Quite frankly, the entire process is an annual farce/cash grab.
    It makes one pause to seriously consider renewing associations and designation dues.
  • Will Ashworth | 06 Jan 2015, 02:54 PM Agree 0
    Hi Brad,

    Thanks for your comments.

    This entire subject is a controversial one. Everyone seems to have an opinion about the future direction of the financial services industry.

    Certainly, a university degree in and of itself, isn't the cure-all for an industry that's had its fair share of financial fiascos.

    Unfortunately, today's story about robo-advisors demonstrates why change will continue to take place in financial services. Standards be damned.
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