FPA asks members for FASEA exam feedback
The Financial Planning Association (FPA) has issued an online questionnaire for members to complete regarding the Financial Adviser Standards and Ethics Authority’s (FASEA’s) proposed Financial Adviser Examination guidance, which will guide its submission to the Authority.
FPA chief executive, Dante De Gori, warned that the proposed exam would be a “very significant” part of FASEA’s reforms as all advisers would be required by law to pass it before being able to provide personal financial advice to clients.
As such, he urged all members to complete the questionnaire before 20 July. Its early closure date was reflective of the tight deadline imposed by FASEA for feedback on the guidance.
“There is a very tight time frame for gathering feedback, so I encourage all members to complete the online questionnaire ahead of the close date on 20 July,” De Gori said.
The questionnaire would shut on 20 July, this year, ahead of the 31 July closure date for consultation submissions to the Authority.
AUTHOR
Hannah Wootton
Recommended for you
ASIC has launched court proceeding against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.
