Financial Standard Comments - FASEA issues adviser exam proposals The Financial Adviser Standards and Ethics Authority released its draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. https://www.financialstandard.com.au/feed/latest?story=123515560 Thu, 12 Jul 2018 16:49:33 +1000 Thu, 12 Jul 2018 16:49:33 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Steve Blizard (Roxburgh Securities) 4 hours? I hope they allow for toilet breaks. Sounds more like a marathon than an exam.

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]]> Steve Blizard (Roxburgh Securities) Thu, 12 Jul 2018 16:49:33 +1000 Comment by Brian Howard (Gainsborough Financial Group) What 'exam' is FASEA proposing for pure RISK advisers? I've seen no mention of this. We have the story here about an exam for financial planners but nothing about what will be expected of RISK-only advisers which are a fully different discipline to investment advisers. Why never any mention in these stories FS about this? I hope FASEA or whomever writing the rules comes up with something for risk advisers - surely you don't test a risk adviser on the same material as an investment adviser?! If so we will get real-estate people to do this new FASEA exam for investment advisers will we? A separate qualification for risk advisers is being IGNORED blatently by media, FASEA, FPA, Life companies et al. One question: WHY? This is laziness or is it purposeful? Please explain Pauline?!

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]]> Brian Howard (Gainsborough Financial Group) Mon, 16 Jul 2018 21:49:09 +1000