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MFAA Membership Diploma deadline |
The MFAA is ensuring their database has captured all Diploma completions correctly before sending a letter to those members who are “not compliant” advising them of their MFAA membership cancellation. These members will then have until 30 April 2013 to provide evidence of completion of their Diploma where their membership will be reinstated. Members not providing completion evidence by this date, and wanting to re-join MFAA, will need to reapply for MFAA membership. In terms of those members who are “registered/enrolled but not yet complete” or “in progress” with you, these members will need to complete the Diploma ASAP. We have instructed these members to provide evidence of their enrolment/registration/in progress. |
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Are you needing to get/upgrade to the TAE Certificate IV in Training and Assessment? |
The National Skills and Standards Council has determined that from 1 July 2013:
TRAINERS MUST:
(i) hold the TAE40110 Certificate IV in Training and Assessment from the TAE10 Training and Assessment Training Package as a minimum qualification or be able to demonstrate equivalence of competencies; and
(ii) be able to demonstrate vocational competencies at least to the level being delivered and assessed; and
(iii) be able to demonstrate how they are continuing to develop their VET knowledge and skills as well as maintaining their industry currency and trainer/ assessor competence.
ASSESSORS MUST:
(i) hold the TAE10 Assessor Skill Set or be able to demonstrate equivalence of competencies; and
(ii) be able to demonstrate vocational competencies at least to the level being assessed; and
(iii) be able to demonstrate how they are continuing to develop their VET knowledge and skills as well as maintaining their industry currency and assessor competence.
AAMC Training is offering great prices to assist you to comply with this directive;
Full TAE Course - Coupon Code TAE2013
*20% off the RRP for Face2Face, Online and Correspondence courses
RPL Full TAE Course - Coupon Code TAE2013RPL
*10% off the RRP for RPL
Upgrade TAE Course - Coupon Code TAE2013Upgrade
*20% off the RRP for Online and Correspondence courses
RPL Upgrade TAE Course - Coupon Code TAE2013UpgradeRPL
*10% off the RRP for RPL
Contact us now or enrol online to take advantage of this offer NOW! www.aamctraining.edu.au
(*Offer available to end June 2013. Enter relevant Coupon code at the payment stage of your enrolment to attract the discount. RPL - prerequisites apply for eligibility.)
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Course Updates |
Financial Services FNS Training Package;
Are you enrolled in a course with a FNSXXX10 number? If so, due to training package updates, you have until the end of May 2013 to submit all your assessments in order to be able to be certified by the end June 2013.
If you have been enrolled in the course for 12 months or more by the end of May, your course will have expired (as per our Terms and Conditions). If you wish to complete the course, you will have to contact us to transition to the new FNSXXX11 course at a 50% reduced rate.
If you have not had the full 12 months (as offered by our Terms and Conditions) then we will automatically transition you (along with any work already completed) to the superseded FNSXXX11 course for the remainder of the 12 month period.
Diploma Traineeships;
Diploma Traineeships are required to be completed by the end of June 2013 to enable employers to receive their funding monies. So if you are undergoing a Traineeship of a Diploma qualification, ensure that you submit all your assessments by the end May 2013.
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Financial Advisors, Accountants and Real Estate Representatives – beware and prepare!
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Are you qualified to talk credit issues with your clients? Planners should include credit notification in Financial Plans they prepare and present. Accountants are constantly asked credit questions by their clients. Mortgage brokers deal with these circumstances continually. Real Estate Representatives are asked credit questions also. So how do you advise your clients and grow your business whilst operating within the regulations.
Here are two examples that could see you potentially breaking the law if you are not qualified to give credit advice.
1. Providing advice about a client’s financial arrangements, including their home loans
The planner goes further to suggest a particular home loan product themselves that the client should switch to. This could be considered to be home loan credit assistance. In addition, if they made a positive recommendation to the client that they should stay with their current product or credit provider, this could also be considered to be home loan credit assistance.
2. Suggesting a client take out a home loan with a particular lender
This would be home loan credit assistance, regardless of whether the Financial Advisor, Mortgage broker, Accountant or Real Estate Representative earns a commission or not.
As usual with these legislative changes, there are grave dangers for those who give advice and do not hold the appropriate certification and authorisation.
AAMC Training can help you become accredited in this important jurisdiction with an excellent course.
Financial Planners , Mortgage brokers, Accountants or Real Estate Representative can possibly secure credits towards studies they have already completed within their existing qualification, plus past experience.
Do not let you clients go elsewhere for this advice as there is a strong possibility they will not come back.
Visit www.aamctraining.edu.au for direct enrolments for this critically important Credit course. Or alternatively call 08 9344 4088 now to speak to an industry expert.
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