FASEA

Policy & Regulation

FASEA extension legislation now on notice paper

The Government may have promised action months ago, but the legislation which will extend the time-frames applying to the Financial Adviser Standards and Ethics Authority...

Financial planning

Experienced advisers most dissatisfied with FASEA

Advisers with more than 20 years of experience are likely to be the most dissatisfied with the Financial Adviser Standards and Ethics Authority regime....

Financial planning

70% of advisers suspicious of code

More than 70% of financial advisers have expressed doubts they can adhere to the Financial Adviser Standards and Ethics Authority code of conduct as it currently exists....

Superannuation

Superannuation sector facing enforced consumer advocacy

The Government has moved to dilute what it sees as dominant industry voices by moving to put in place a consumer advocacy body for superannuation....

Financial planning

FASEA releases draft for 2019 determination

A draft of the Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument and Explanatory Statement has been released for public consulta...

Financial planning

Advisers question AFCA/FASEA board links

In the aftermath of the Australian Financial Complaints Authority outlining its approach to the Financial Adviser Standards and Ethics Authority code of ethics, questions...

Financial planning

FASEA board held in deep suspicion

Advisers are deeply suspicious of the board of the Financial Adviser Standards and Ethics Authority and nominate the reasons for that distrust as being perceptions of con...

Financial planning

AFCA will use FASEA code

The Australian Financial Complaints Authority has said it will take the Financial Adviser Standards and Ethics Authority code of ethics into account in making its determi...

Financial planning

Major vote of no confidence in FASEA

A Money Management survey has revealed a significant vote of no confidence in the Financial Adviser Standards and Ethics Authority and a desire for ministerial interventi...

Financial planning

Did ASIC cover for FASEA code shortcomings?

Industry submissions to the Financial Adviser Standards and Ethics Authority were calling for a 12-month adviser code exemption just a week before the Australian Securiti...

Financial planning

How do you feel about FASEA?

Money Management is seeking to gauge adviser attitudes to the Financial Adviser Standards and Ethics Authority in the wake of the recent controversy around the code of et...

Financial planning

FASEA on notice over ASIC submissions

The Financial Adviser Standards and Ethics Authority is now on formal notice to answer Senate Estimates questions about the content of Australian Securities and Investmen...

Policy & Regulation

AFA, FPA welcome ASIC hands-off code monitoring approach

The Association of Financial Advisers believes the approach adopted by ASIC will give the Financial Adviser Standards and Ethics Authority an opportunity to engage in gen...

Policy & Regulation

ASIC not to monitor or enforce adviser code of ethics

Under the Corporations Act, the Australian Securities and Investments Commission does not have a role as a code monitoring body and is prevented from exercising its power...

Financial planning

Will Glenfield deliver more clarity on code?

The Financial Planning Association is touting the presence of Financial Adviser Standards and Ethics Authority chief executive, Stephen Glenfield, at its annual congress ...