FASEA issues adviser exam proposalsBY JAMIE WILLIAMSON | WEDNESDAY, 11 JUL 2018 4:39PM The Financial Adviser Standards and Ethics Authority released its draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. Related News |
Editor's Choice
Future Group to internalise super trustee structure
|Future Group is acquiring WTW's superannuation licensed entity, Stewarda, to establish trustee capabilities in house.
Natixis names chief executive for Mirova
|Natixis Investment Managers has promoted an executive from another affiliate to succeed the outgoing chief executive of Mirova, Philippe Zaouati, effective July 1.
ASIC calls out platform trustees: 'Clear breach of trust'
|ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight.
HMC Capital wins $1.3bn private credit insto mandate
|HMC Capital has won two global institutional mandates of $1.35 billion for its private credit strategy in Australian commercial real estate (CRE) lending.
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
4 hours? I hope they allow for toilet breaks. Sounds more like a marathon than an exam.
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?!