FASEA

Financial planning

FASEA accused of exceeding its legislative remit

The Financial Adviser Standards and Ethics Authority has been accused of exceeding its legislative remit with a resulting detriment to financial advisers....

Financial planning

Will Hume act to delay code implementation?

The Assistant Minister for Superannuation, Financial Services and Financial Technology has received a written request for a delay in the implementation of the Financial A...

Features

2019 – a year of uncertainty from beginning to end

Mike Taylor writes that 2019 proved challenging for the financial advice industry not least because of the Royal Commission and the Government’s determination to impleme...

Policy & Regulation

Licensees granted three years grace on planner compliance

The Australian Securities and Investments Commission has granted planning licensees a three-year exemption from the requirements to have planners sign up to a code-monito...

Financial planning

Should advisers be part of FASEA consultation?

Financial advisers have questioned why dealer group licensees rather than practicing advisers have been included in the Financial Adviser Standards and Ethics Authority c...

Financial planning

Fix the code or delay implementation says AFA

With financial planning groups meeting with the Financial Adviser Standards and Ethics Authority today, the Association of Financial Advisers has sent a message that issu...

Financial planning

57% of adviser practice income at risk

The Association of Financial Advisers has accused the Financial Adviser Standards and Ethics Authority of unilaterally seeking to rewrite the law and thereby placing 57% ...

Financial planning

Is time running out for FASEA extension in 2019?

Financial advisers looking for certainty around the Financial Adviser Standards and Ethics Authority exam timetable are faced with the reality that Parliament is fast run...

Financial planning

FASEA exam pass rate drops

The FASEA September exam saw a pass rate of 88%, down 2% from the inaugural exam in June....

Financial planning

Claim that FPA needs to shoulder some blame

A Queensland financial adviser and managing director of the Investment Collective, David French, has claimed the Financial Planning Association needs to shoulder some bla...

Expert Analysis

How managed accounts are helping advisers ‘build the trust equation’

While the benefits of managed accounts for clients are well-documented, there are also numerous benefits that they bring to businesses, writes Xplore Wealth’s Anne Hamieh...

Policy & Regulation

FASEA funding drying up

The exit of the major banks means the original funding source for the Financial Adviser Standards and Ethics Authority will mostly dry up in May next year with advisers t...

Financial planning

Has FASEA invoked the Nuremberg defence on adviser exits?

Amid strong questioning in Senate Estimates about pushing older advisers out of the industry, the Financial Adviser Standards and Ethics Authority has relied on the defen...