Financial Standard Comments - Advisers must register for FSCP: ASIC Appearing at the FPA Congress today, ASIC senior executive leader Leah Sciacca explained that all financial advisers will need to register with the ASIC Financial Services and Credit Panel, in addition to being registered on the Financial Advisers Register. https://www.financialstandard.com.au/feed/latest?story=179797634 Fri, 25 Nov 2022 10:10:38 +1100 Fri, 25 Nov 2022 10:10:38 +1100 en-AU Copyright 2026 Financial Standard 5 Comment by Richie Parsons (2020 Financial Planning)

The continuing lack of common sense & accountability & responsibility never ceases to amaze me. Here is the Lead person for ASIC again as a prime example. If you are an authorised rep under an AFSL - the AFSL already has to ensure that you meet all of your ongoing CPD/Training & have to be fit/proper for purpose - otherwise WHY are the AFSL's licencing them in the 1st place ?

Another beautiful "handball" too about the exam - yes we are responsible for administering it, but we have nothing to do with the format or what is in it - i.e. Not My Problem !!! And Stephen Jones wants to hire an extra 8,000 public servants.

If you are an authorised representative under an AFSL and registered on the Financial Adviser Register - ASIC should simply be able to "copy and paste" the list to FCSP - this should be a "No Brainer"

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]]> Richie Parsons (2020 Financial Planning) Fri, 25 Nov 2022 10:10:38 +1100