ASIC has issued a reminder to AFSLs that they must notify the regulator when they have received a written declaration from a financial adviser eligible to access the experienced pathway.
Since 21 September 2023, financial advisers who meet the criteria to access the experienced provider pathway have been able to rely upon the pathway as an alternative to completing the education standard.
ASIC released guidance for adviser and AFSL obligations for experience pathway declarations in May. These advisers must give a copy to their AFSLs as soon as practicable.
Source: ASIC
Notices can be lodged through ASIC Connect.