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Showing 71 - 80 of 511 results for "ethics"

FASEA maintains low pass rate

ANNABELLE DICKSON  |  TUESDAY, 6 JUL 2021
The Financial Adviser Standards and Ethics Authority (FASEA) exam held in May recorded another low pass rate, continuing the trend of previous exams. Of the 1894 advisers that sat the exam, 69% passed. This is in line with the March results which also ...

ASIC announces advice affordability findings

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... and limited advice fall under the same regulatory requirements. Participants pointed out that meeting the FASEA Code of Ethics is a concern, as is the lack of clarity around the regulatory requirements for limited advice. The majority said that strategic ...

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
... Act," the explanatory memorandum reads. The new law also covers the recently announced Financial Adviser Standards and Ethics Authority (FASEA) exam re-take for advisers who have failed. Hume is extending the cut-off date to 30 September 2022 for advisers ...

Advisers who failed FASEA exam granted extension

KARREN VERGARA  |  THURSDAY, 24 JUN 2021
Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022. Hume took to LinkedIn to make the announcement in light of the July exam registrations closing tomorrow. ...

Lumiant raises capital, adds to board

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... "Lumiant frees them from regulatory and product constraints. Each module has been carefully mapped against the FASEA code of ethics, as well as ensuring advisers can easily adhere to know your customer and best interest duty requirements by letting the ...

iFactFind launches

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
... supports advisers to meet their legal and ethical obligations, including Standard 5 and Standard 8 of FASEA's Code of Ethics, which requires client records, including those of former clients, to be "kept in a form that is complete and accurate" ...

Research on education standards and morals launches

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Research that is aiming to determine how formalising educational and ethics requirements impact the moral development of financial advisers is calling for participants. The Western Sydney University is canvassing financial advisers to take part in research ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... according to Zurich risk strategy specialist Adam Crabbe, who is seeing a shift in the emergence of financial advisers putting ethics, empathy and compassion at the forefront of their business practices. Crabbe told yesterday's Lifespan Financial ...

FASEA approves two degrees

KARREN VERGARA  |  MONDAY, 17 MAY 2021
The Financial Advisers Ethics and Standards Authority has added two degrees to its approved list of courses. Any bachelor's degree with a major in financial services that commenced from March 2021 at Southern Cross University has been given FASEA's ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
... constantly tinkered with, a position the FPA has consistently held." The government has given the Financial Standards and Ethics Authority (FASEA) $2.5 million until it wraps up at the end of 2021. "There is still significant regulatory change this year ...