Welcome

In 30 Countries…

Since 1938We’ve helped build the futures of over

1,000,000students

…across 400 locations

One success story at a time

Professional & Education Standards for Financial Advisers

Legislative changes

Proposed Financial Adviser Standards

2017 2018 2019 2020 2021 2022 2023 2024

FASEA

Standards set

5. Code of ethics and monitoring schemes

New Advisers

Existing Advisers

Existing Advisers

Minimum standard mandates completion of

a degree

25,000+ advisers registered will be required

to pass the exam

Meet full education standards

1. Qualification2. Adviser exam3. CPD4. Professional year

5. Code of ethics and monitoring schemes

Some impacts over the next few years

For existing advisers They have until 2024 to get to a degree or higher (e.g. our MFP) or the

equivalent bridging course. Kaplan believes bridging courses will be determined by factors such as:

- Existing level of education- Courses completed in designations and other study- Volume of evidenced CPD

For new advisers Diploma of Financial Planning remains valid as an entry point until Jan 2019 Degree level entrants more prominent (already seeing this)

EXAM Role of education

FPA draft pointsAQF level Qualification Points per unit of

studyStandard number

of unitsTotal points

9

Masters/Professional designationApprovedRelevantNon-Relevant

1582

121212

18012024

8

Graduate Diploma/Professional designationApprovedRelevantNon-Relevant

1582

888

1206416

8

Graduate Certificate/Professional designationApprovedRelevantNon-Relevant

1582

444

60328

7Approved degreeRelevant degreeNon-Relevant degree

541

242424

1209624

6 Advanced diploma – financial services 4 4 16

5 Diploma – financial services 2 4 8

CPDCPD must have been accredited and audited by a professional body – minimum of 10 hours per year (must include ethics)

2 points per year (cap – 7 years)

N/A 14 maximum points

Pillars

Qualification

Adviser exam

Continuing ProfessionalDevelopment

Professional year

Code of ethics and monitoring schemes

Kaplan Professional’s end-to-end solution

Bachelor of Financial Advice

QualificationManaged

Professional Year Undertake exam Join code monitoring body Undertake CPD CPD reporting to

all masters

CPD provides building blocks to

further qualifications

Transition Courses Undertake exam Join code monitoring body Undertake CPD CPD reporting to all

mastersCPD provides

building blocks to further qualifications

New Professional:

Existing Professional:

Bachelor of Financial Planning

Year 1: Level 1006 Core, 2 electivesInterpersonal skills, ethical behavior

Year 2: Level 2006 Core, 2 electivesFinancial markets planning and advice

Year 3: Level 3004 Core, 4 electiveComplex and dynamic relationships domestic and globally

1

2

3Total 24 subjects72 credit Points

Choice of 14 electives8 electives in total

Graduate Certificate in Financial Planning

FPC001 Economic Legal and Ethical Context for Financial PlanningFPC002 Applied Financial PlanningFPC003 Superannuation and Retirement AdviceFPC004 Insurance Advice

FPC005 Estate and Succession PlanningFPC006 Tax and Commercial Law for Financial PlanningFPC007 Client Engagement SkillsFPC008 Investment Advice

FPC009 Complex Financial Planning2 electivesKAP001 Research Project

Graduate Certificate in Financial Planning 4

subjects

4 subjects

4 subjects

Graduate Diploma of Financial Planning

Master of Financial Planning

Pathway to Master of Financial Planning

CFP/Master of Financial Planning Pathway

FPC003 Superannuation and Retirement Advice FPC007 Client Engagement SkillsFPC004 Insurance Advice Two (2) electives FPC005 Estate and Succession Planning (excluding FPE019 Governance and Ethics) FPC006 Tax and Commercial Law for Financial Planning KAP001 Research Project

8subjects

Kaplan Masters Subjects

CFP1 FPA Professionalism CFP4 Investment Strategies CFP2 Applied Strategies 1 CFP CertificationCFP3 Applied Strategies 2

Master of Financial Planning +

CFP

4subjects

CFP Certification

FChFP/Master of Financial Planning Pathway

Master of Financial Planning +

FChFP

AFA 1 Business Strategy for Financial AdvisersAFA 2 Client Experience StrategyAFA 3 Advanced Advice SolutionsAFA 4 Professional Conduct & Governance for Financial Advisers

4subjects

FChFP certification

FPC001 Economic Legal and EthicalContext for Financial PlanningFPC002 Applied Financial PlanningFPC003 Superannuation and Retirement AdviceFPC004 Insurance Advice

8subjects

Graduate Diploma of Financial Planning +

KAP001 ResearchProject

FPC005 Estate and Succession PlanningFPC006 Tax and Commercial Lawfor Financial PlanningFPC007 Client Engagement SkillsFPC008 Investment Advice

Enrolment ProcessPersonalised pathways available

Support tools & Student resources

Currently available

Current Innovative Capabilities

Innovative capabilities

WHY: National exam,Continuing education

Scientific diagnostic with in-depth reporting and just-in-time learning capabilities. Now powered by Ontrack micro-learning.

WHY: National exam,Bridging programs

Adaptive assessment tool to assess prior knowledge of existing advisers for the BFP.

WHY: Continuing Professional Education

Continuing Professional Education for all advisers in a new and personalised platform.

WHY: Code of Conduct,Supervision

Compliance for the Financial Services Industry. Real-time feedback and education.

KUDOS

Welcome email and guide on what to expect in each knowledge area.

56 questions – 7 knowledge areas with 8 questions in each area

Intermediate or mid-level adviser (ADFP or AQF level 6)

2 hours in duration

Online, supervised multiple choice exam.

Reference Guide provides rates & thresholds required in the exam.

Diagnostic Assessment for Financial Advisers

KUDOS Report

OntrackKUDOS Learning, powered by Ontrack

JIT‘Just-in-time’ learning

Response-basedHyperlink provided for incorrect responses

LearningKUDOS Learning article, short MCQ quiz & a certificate.

ContentKUDOS Learning drawn from the comprehensive Ontrack library.

KUDOS Learning

Artemis

Review content against legal requirements & ASIC regulatory guides.

Stand-alone service - no tech integration required.

Written report issued every 30 days summarising activity and findings

Automatically identify potentially non-compliant content on websites.

Access full statistics and analytics online at any time.

Tools to track and manage website content 'fixes'.

Current features of Artemis

Rules as identified by the regulator as high risk and/or through industry consultation.

Design the rules and micro-learning content concurrently. Use the same samples for the rule and the learning. Build rules and micro-

learning content concurrently based on samples.

Machine continues to learn from new errors made by the learner, therefore increasing the number of correct and incorrect samples

Artemis Rule & LearningDevelopment process

01 High Priority Rules

02 Design Phase

03 Build Phase

04 Rollout

Artemis Rule & LearningDevelopment process

Priority rules

Design Build

Rule Samples & Content

Rule Samples

High value regulator rules &industry consultation

Rule & samples designed concurrently

Rollout

Samples used in rule building & content/activities building

Mapping

Machine continues to learn from new errors – new samples available.

Micro-learning

SME Artemis developer Instructional designer

Artemis Micro-learningMicro-learning contextualised and ‘just-in-time’.

Breach

Rectify

2. Learner provided with micro-learning

4. Interactive test

1. Breach recognised

5. Breach rectified

5. Feedback provided

Correct!Provide some feedback here to the learner.

Using qualifiers

3. Interactive video plays

Now consider the following –which is a breach?

Interest rates will definitely

rise

Interest rates will never rise

Interest rates will definitely

rise

Interest rates will definitely

rise

Concept 1

Concept 2

Concept 4

Concept 3

Concept 6

Concept 9

Concept 8

Concept 7

Concept 5

Indi

vidu

alst

uden

t/ex

istin

g ad

vise

r

• Innovative delivery model • Personalised student experience • Individual learning pathway

KITE Adaptive AssessmentIllustration of Adaptive Pathway

Re-imagining Ontrack ContentFocus areas

Short, easily digestible and focused units of content. Engaging, interactive and easily accessible.

Delivery

Depth

Culture

Micro-learning

New contemporary style, completely digital and using a range of multimedia interactions.

Increasing areas covered, levels of difficulty, depth of coverage and specialty libraries.

More than a compliance tick and in line with current innovations in education.

Ontrack

Personalised & real-timeBold new interface

Integration of professional

education, AI and micro-

learning

Multiple training plans

New speciality content

Mobile friendly

AB Financial

AB Financial

AB Financial Group 1

Eleven – Extraordinary Leaders will ExcelExecutive leadership program leveraging latest learnings and science

The Future

Where are we heading

Ontrack - The Learning Hub

DataAccumulating data about the learner

DNATaxonomy of content

ActivitiesFormal & Informal

KUDOS | Assessment | Interactions

Learner ProfileKey identifiers

AnalyticsKey insights

Centre of Learning and Point of Lifelong Learning

ContentMicro & MacroCPD| Qualifications|11Eleven

The Ontrack Hub is learner centric and encompasses all learning

LearnerCentric

Macro-learningQualifications

ArtemisOn-the-job

11ElevenLeadership capabilities

Micro-learningRecognition

CPDProfessional development

ConferencesInternal and external

KUDOSDiagnostic

Internal trainingEmployer generated

Content DataActivities DNAUserprofile

DataAccumulating data about the learner

DNATaxonomy of actions

ActivitiesFormal & Informal

KUDOS | Assessment | Interactions

Learner ProfileKey identifiers

AnalyticsKey insights

ContentMicro & MacroCPD| Qualifications|11Eleven

Content DataActivities DNAUserprofile

GIPGateway Integration

protocols

ArtemisKITEThird party

AnalyticsPersonalised

Pathways

Learner Insights

Level 1Learning

objects

Level 2Foundational

skills

Level 3Learning

objectives

FS1 FS2 FS3 FS4 FS5

Qualification

LO1LO2LO3LO4

LO5LO6LO7LO8

LO9L10L11L12

L13L14L15L16

FS6 FS8FS7

Content DNAPersonalised pathways and learning recommendations

Learner Insights

Recommended for you

John, you seem to learn best through the interactive activities. Here are some other activities which may interest you.

Data

Personal insights about the

learner

How the learner consumes information

Learning habits, such as time spent, day etc.

Collected over time

Personalised

Behaviour

Habits

Partnerships

Our Association partnerships

Our corporate partnerships

Questions

Thank you