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Financial planning
Stalling the extension of the Financial Adviser Standards and Ethics Authority exam deadline reinforced that politicians “simply don’t care” about the financial advice se...
Features
While the COVID-19 pandemic has created a lot of stress, anxiety and uncertainty for financial advisers, one of the biggest positives has been the ability for them to hav...
Financial planning
The Government is finding itself under pressure to support class order relief around the Financial Adviser Standards and Ethics Authority exam timetable in the wake of th...
Financial planning
The Australian Securities and Investments Commission granted class order relief with respect to advisers being required to be members of a code-monitoring body and questi...
Financial planning
The AFA has called on the Labor Party to support the one-year extension for advisers to meet exam requirements as the party had withdrawn its previous support....
Financial planning
There are no guarantees that the legislation delivering an extension of the Financial Adviser Standards and Ethics Authority exam timetable will be dealt within the Senat...
Financial planning
Grandfathered commissions have impacted the value of financial planning practices by as much as 25% of recurring revenue, while COVID-19 has impacted around 5% to 20%, ac...
Financial planning
Given that number of financial adviser exits is nearly double the number of new entrants, it seems likely that restoring financial planning numbers to their pre-Financial...
Financial planning
The Financial Adviser Standards and Ethics Authority remains on notice from a key Parliamentary Committee to explain the consultative processes it used to reach the Finan...
Life/Risk
Synchron director, Don Trapnell, said life/risk advisers are being treated unfairly under the education requirements and deserve a separate standard suited to the profess...
Financial planning
Regulators have taken a soft approach to the implementation of Standard 3 of the FASEA Code of Ethics, but there is still concern over how proper regulation will work....
Financial planning
Another drop in the pass rate for the FASEA exam has shown the industry is going to struggle to give affordable advice to Australians unless it can bring in more talent....
Financial planning
The February sitting of the FASEA exam saw a pass rate of 82% and the June exam will not have a face-to-face sitting....
Tools & guides
There are subjective trends in the distinction between retail and wholesale clients, writes David Barrett, and it is important advisers get it right to avoid costly mista...
Financial planning
A University of Canberra historical Graduate Diploma, two new RMIT degrees, and recognised prior learning from the FPA and CPA has been approved by FASEA. ...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...