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Showing 1 - 10 of 168 results for "Adviser standards"

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... broad financial advice ecosystem. It recognises that the current one-size-fits-all approach that the Financial Adviser Standards and Ethics Authority (FASEA) put in place is deterring new entrants - and that change is needed," she said. The adviser population ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... financial advisers and new entrants. Treasury Laws Amendment (Measures for Consultation) Bill 2023: Financial Adviser Standards states that an adviser with 10 years of cumulative experience providing advice between 1 January 2007 and 31 December 2021 ...

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... Planning Association of Australia, and of its Future2 Foundation, and was appointed a director of the Financial Adviser Standards and Ethics Authority. He has also sat on the Financial Planning Standards Board for four years. He also has close to two ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... its 2019 implementation and remains the case now. The Code of Ethics, developed by the now dissolved Financial Adviser Standards and Ethics Authority (FASEA), remains a stone in the shoe for many advisers, Anderson said. Anderson said there is much about ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Treasury has kicked off its review of adviser professional standards with a consultation paper that outlines its proposed new pathway for experienced advisers. The government's position has been that a minimum of 10 years' experience and a clean ...

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... sitting was just the second time the exam has been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority in December last year.

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... advisers dealt with increased education requirements, industry consensus was that the government and the Financial Adviser Standards and Ethics Authority didn't place enough value on on-the-job experience. The present economic climate stands to prove ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... time. This was the first time the exam had been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority at the end of 2021. ASIC said close to 20,000 candidates have sat the exam to date, with 91% passing. ...

ASIC sets adviser exam dates

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
... the lowest pass rate on record. The exam, which were the last to be administered by the now-defunct Financial Adviser Standards and Ethics Authority, saw 52% of the 2129 advisers successfully pass. ASIC took over FASEA's remit on January 1. The pass ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... roll back or lower education standards" for financial advisers. The SAFAA slammed the now-defunct Financial Adviser Standards and Ethics Authority, describing it as a "bureaucracy that was averse to stakeholder engagement" and narrowed the scope of recognised ...
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