More than 2000 advisers at risk as deadline loomsBY JAMIE WILLIAMSON | MONDAY, 1 DEC 2025 12:35PMJust one month out from the qualification deadline, some 2326 financial advisers are still yet to meet the standard, says ASIC. Related News |
Editor's Choice
CFS distribution executive steps down
After more than seven years at Colonial First State, the firm's group executive for distribution will leave before the end of the year.
Jobs data 'final nail in the coffin' for rate rise
After a surprise 51,000 employment drop in July, jobs rebounded by a solid 39,500 in August, leading economists to believe the RBA will be forced to hike interest rates this month.
Soul Patts records 'landmark' year after merger
Washington H. Soul Pattinson saw its profit climb over 500% in the 12 months to July 31, as the ASX-listed manager continues to anticipate strong performance in the current financial year.
ASX still falling short of RBA's expectations
The Reserve Bank's annual assessment of the ASX found it is still not meeting expectations in several important areas, including governance, operational resilience and risk management.
Further Reading
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
Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I am relying on the " Experience" pathway. I have qualified in every respect - however, the ASIC website which requires me to update my record, is extremely difficult and very non-intuitive to negotiate. I have lost count of the number of times my very experienced PA has tried, but ends up not being able to negotiate a pathway to successful registration. I wonder how many other frustrated AFSLs are trying - but are being beaten by the dreadful ASIC Website software - and then they have the hide to blame us! if you want help, you sit on the phone to ASIC for an hour - we have already done this on several occasions - with no resolution.
I booked for ASIC to phone me last Friday, to assist - we didn't get a call. I don't know how many hours spent on this, trying to get the FAR record correctly updated, to no avail so far. It is extremely frustrating.
Another joke from ASIC except its not funny for any one who has completed the useless Fasea exam
I am surprised that it is legal for ASIC to have pushed this confusing onus on advisers who did nothing wrong while the CEOs have not had to re-skill, re-educate and not even asked to complete a refresher course on "CORPORATE GOVERNANCE". It is infuriating and honestly unethical. I too have been trying to navigate this circus for years. My life and livelihood still on hold pending some communication from a decision maker who understands the maze.