FASEA

Financial planning

The education authority believes the pass rate for candidates that have sat the exam more than once is more favourable than other industry certification assessments....

Features

The Royal Commission into Aged Care was not directed at advisers but, Chris Dastoor writes, the outcomes have implicated how clients perceive the industry....

Financial planning

The amendment instrument that scraps the three-month registration requirement for the November 2021 exam has been registered and registrations for the exam are now open....

Financial planning

There have been 333 unsuccessful candidates who requested a re-mark for the Financial Adviser Standards and Ethics Authority exam but only 28 have seen a change in result...

Financial planning

The Financial Adviser Standards and Ethics Authority has clarified what advisers should do if they did not pass the exam before 2022 or if they ceased to be a relevant pr...

Financial planning

Opening the November exam to all advisers and the conditional September 2022 extension could drastically improve how many advisers are on the Financial Adviser Register a...

Financial planning

Economics will eventually solve the adviser supply issue but not before the industry is recognised as a profession with the lag between people wanting to become advisers ...

Financial planning

The education authority is sitting on several questions on notice by senators regarding exam feedback, support for financial advisers, and pathways into the profession....

Financial planning

Advisers have no obligation to help their clients find a new adviser if they lose their qualification because they did not pass the Financial Adviser Standards and Ethics...

Financial planning

The opposition has said the Government’s financial reforms have caused uncertainty and unnecessary costs for thousands of financial advisers....

Financial planning

Contrary to wider adviser sentiment, one adviser has high hopes for the industry’s future and believes the next few years will only get better....

Financial planning

The Financial Adviser Standards and Ethics Authority has confirmed that one question has been removed as it disadvantaged those candidates who use English as their second...

Financial planning

Increased advice demand and a predicted post-COVID upswing are reasons advisers should aim to attain the highest education qualifications possible, according to Kaplan. ...

Financial planning

If there was an Olympics Games for failure, the implementation of the Financial Adviser Standards and Ethics Authority would be a finalist, according to a Labor MP....

Financial planning

While the authority argues the high pass rate shows it is an achievable exam for “competent” advisers and has been a boost for consumer confidence in the industry, data s...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 1 day ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 4 days ago