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Showing 11 - 20 of 153 results for "Financial Adviser Standards"

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... enough to meet the education requirements for existing financial advisers. This is a backflip on the Financial Adviser Standards and Ethics Authority (FASEA) education requirements which required all advisers - regardless of experience - to obtain an ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... passed, making this the lowest pass rate on record. Fifty-two percent of the 2129 advisers who sat the Financial Adviser Standards and Ethics Authority exam were successful. The pass rate continues to deteriorate from as high as 88% at one point. This ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
The Financial Adviser Standards and Ethics Authority has opened a round of consultation to amend the wording of Standard 3. Following concerns raised by the industry, FASEA is now asking stakeholders what they want the wording of Standard 3 to state ...

Financial Standard, Deakin University partner

STAFF WRITER  |  FRIDAY, 29 OCT 2021
... Financial Planning as well as bridging courses (MAA769, MLC714 and MAA728) which are all approved by the Financial Adviser Standards and Ethics Authority (FASEA). "Deakin is extremely excited to announce this new partnership with Financial Standard and ...

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
... adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat the September exam, which ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... Advice Bill), from 1 January 2022, the Financial Services and Credit Panel within ASIC will make the Financial Adviser Standards and Ethics Authority redundant. The FSCP will become the single disciplinary body for the industry by taking on complaints ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
The Financial Adviser Standards and Ethics Authority said the advice industry is closer to reaching the professional status it is striving to achieve. This is based on new figures FASEA has released to show that advisers are taking educational qualifications ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... registration system for financial advisers, including tax (financial) advisers. It also winds up the Financial Adviser Standards and Ethics Authority and transfers its functions to the government," she said. The bill passed the House of Representatives ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
... continues to dwindle as less than two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the July exam sitting. This is markedly down ...

Consultation opens for approved courses

KARREN VERGARA  |  TUESDAY, 20 JUL 2021
The Financial Adviser Standards and Ethics Authority is taking feedback on new degrees and courses that should be recognised as prior learning. The consultation period, which opened on July 19 ends on July 30, is seeking to approve a number of several ...