FASEA embraced remote meeting ahead of exam decision
Prior to announcing the cancellation of the face-to-face adviser exam sittings, the Financial Adviser Standards and Ethics Authority (FASEA) opted for a remote meeting of its so-called “Contributors Forum” involving the major banks.
Money Management had been told that FASEA had decided to hold the upcoming 26 March meeting utilising web meeting application ZOOM.
It is understood that the ‘Contributors Forum’ involves around 16 people.
A number of the banks have imposed policies which discourage personnel from attending face-to-face meetings.
Recommended for you
It can be extremely hard to realise the gains from financial advice M&A, according to Peloton Partners’ Rob Jones, and more could be gained from firms looking inward at their own practice.
With platforms reporting their quarterly results, there is a clear divide in the adviser markets they are targeting, according to platform specialist Recep Peker, and which would be right for your clients.
The Federal Court has imposed a $10 million penalty on Macquarie Bank for failing to prevent and control unauthorised fee transactions by third parties including financial advisers.
A financial advice firm has seen a weekly decline of 10 advisers, with all moving to a new licensee, while Centrepoint Alliance continues its “growth story”.
