FASEA extension hits snagBY ELIZABETH MCARTHUR | FRIDAY, 12 JUN 2020 12:34PMThe extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Related News |
Editor's Choice
Members' attitude, behaviour key to better engagement
New research suggests superannuation funds need to focus more on attitudinal and behavioural insights if they're to improve engagement.
Australia requires swifter settlement cycle: SIAA
Australia is at risk of getting left behind if it does not adopt the T+1 settlement cycle along with major global financial centres, according to operations experts.
Industry reacts to Federal Budget
Treasurer Jim Chalmers handed down the Federal Budget last night. Here's how the industry has reacted.
Budget 2024: Regulators given boost to combat misconduct, cybersecurity
The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Pontification ensues - the only snag is that many of us keep fighting for an extension when we should be proactively advocating for this to be done sooner rather than later. If we keep acting on behalf of the lowest common denominator then that is all we will be. If you're relying on an extension, then you are part of the problem. You get to decide whether you want to be part of this or not. For the sake of the budding profession, don't be part of the problem.
The FASEA exam is part of the problem in why this industry is in rapid decline.
It should always have been introduced as a necessary part of on-line CPD for existing advisers.
I have no problem with new advisers having to sit an exam before they are able to practice..
We are loosing experienced and capable advisers everyday and yet there are no new entrants.
Clients do not care if we have passed an exam.
For the younger advisers out there, yes get the exam out of the way as there is no alternative.
But the older experienced advisers will continue to exit when the industry most needs them..