GRC Solutions partners with Stockbrokers and Financial Advisers Association
Following Kelly O’Dwyer’s announcement for the overhaul of conduct standards and competency requirements for advisers effective January 2019, the Stockbrokers and Financial Advisers Association (SAFAA) is partnering with specialist regtech firm, GRC Solutions, to assist it with the transition.
GRC Solutions would provide online courses to SAFAA members to assist with meeting new compulsory education requirements for new and existing advisers, supervision requirements, and preparation for the new industry-wide benchmark examination and code of ethics.
Practitioners who provided tax advice would also have courses specifically tailored to changed requirements.
SAFAA chief executive, Andrew Green, said the partnership would be a step up for the association to build on existing in-house training.
“This new e-learning partnership with GRC will provide members with access to courses that lifts the bar even higher,” he said.
AUTHOR
Hope William-Smith
Recommended for you
ASIC has issued infringement notices to two AFSLs over financial advisers providing personal advice while they were unregistered.
Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cost continues to be an issue.
AMP has announced a senior appointment to its North leadership team, reinforcing the firm’s commitment to the advice industry.
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam is unethical.
