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Showing 81 - 90 of 511 results for "ethics"

Low FASEA pass rate continues

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
... advisers have sat the exam with nine in 10 demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam." With consent, advisers who pass the exam can ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... agencies like ASIC and the Small Business Ombudsman ($49m) and the continued operation of the Financial Adviser Standards and Ethics Authority until December 31 ($2.5m).

CBA launches JV for institutional tool

ANNABELLE DICKSON  |  MONDAY, 10 MAY 2021
... decision making. CBA and Quantium will contribute founding team members to the joint venture and will apply best practice data ethics and governance standards. "Commbank iQ's experienced consultants will also offer the commercial skills and sector experience ...

OpenMarkets hires, acquires, preps for IPO

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... advisers have retreated from the sector because of higher standards and costs from the Financial Adviser Standards and Ethics Authority. Those advisers who do remain focus almost exclusively on high-net-worth customers."

Life industry to launch framework

ANNABELLE DICKSON  |  WEDNESDAY, 21 APR 2021
... 'Foundation' requirement. By 2023, all claims professionals are expected to achieve four Certificate IV competencies including ethics; sustainability; products and services; and law and regulation with all underwriting professionals by 2024. TAL chief ...

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... also have contravened a financial services law, or have breached the education and training requirements or the Code of Ethics. Advisers involved in someone else's breach of a financial service law will also be referred, as will those who provide ...

FSC proposes new advice model

KARREN VERGARA  |  MONDAY, 19 APR 2021
... comprehensive advice, but undermines the provision of scaled, simple issue and low risk financial advice. Instead, the code of ethics should be the primary instrument and single source of truth for determining compliance with the best interests duties. ...

FASEA offers exam feedback

KARREN VERGARA  |  FRIDAY, 16 APR 2021
The Financial Adviser Standards and Ethics Authority (FASEA) is providing personalised feedback for those who failed the examination. Unsuccessful FASEA exam candidates can now access feedback about their areas of underperformance. Upon logging in ...

FASEA chair to remain

ANNABELLE DICKSON  |  TUESDAY, 13 APR 2021
The chair of the Financial Adviser Standards and Ethics Authority (FASEA) has been reappointed and will continue in the role on a part-time basis until the organisation is wound up. Minister for superannuation, financial services and the digital economy ...

Hume expands portfolio

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... advisers, the Protecting Your Super Package and extending the time for advisers to complete the Financial Adviser Standards and Ethics Authority exams and winding it down to introduce a single disciplinary body. In welcoming the new taskforce Hume is ...