§eraphim said:
what about financial planning qualifications? which is better: FPA or SIA?
There is currently a propasal to merge the AIBF (the organisation that represents bankers and finance professionals) with the SIA (the orgainsation that trains finance and market anaysts). The vote is going to be held this week or next. It will be interesting to see the outcome of the vote because it will finally create one professional bopdy overlooking all banking and finance industry members in Australia.
In relation to your question about what is better: they represent two completely different areas. SIA tends to be market-based financial anaysts and FPA is the Financial Planners' Association. SIA has now started to move into financial planning, but its nowhere near as big as FPA.
Just remeber, comparing SIA and FPA is like comparing apples with oranges:
1. The Securities Institute is the professional body that represents the securities and financial services industry.
2. The FPA is the professional association fo qualified financial planners in Australia.
When you want to retire or get financial advice, you go to a financial planner.
FPAs serve individuals, like retirees or well-off individuals, where as the SIA qualified ppl work in banks & other financial institutions. They are two completely different organisations within the field of finance.