Product and advice should be kept separate, and advisers should not be responsible for product failure, according to an association....

There needs to be careful consideration on whether Treasury has the skill set and expertise to perform the Financial Adviser Standards and Ethics Authority functions and ...

The cost of the single disciplinary body needs to be kept under control otherwise it will be another factor in driving up the cost of financial advice, according to indus...

The corporate regulator’s Financial Services and Credit Panel proposal effectively only has industry figures judging the behaviours of other industry figures, according t...

Any “eligible person” appointed to the panel needs to understand the correct context of the advice in question, according to a Parliamentary submission....

The proposed Financial Services and Credit Panel will determine whether to impose an administrative sanction, infringement notice, both, or not to take action....

Although the removal of the Financial Adviser Standards and Ethics Authority is a huge victory for many in the industry who spent the last few years fighting for reform, ...

The Financial Adviser Standards and Ethics Authority may be gone but its exam timetable will continue and so will the requirement for financial advisers to become degree ...