No extension to FASEA deadlineBY JAMIE WILLIAMSON | WEDNESDAY, 28 AUG 2019 4:07PMAssistant Minister for Financial Services, Superannuation and Financial Technology Jane Hume has failed to announce an expected extension to the FASEA deadline but has assured the industry the government is not looking to force experienced financial advisers out. Related News |
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Being at the conference yesterday I must say I thought the minister was pathetic. The impression she gave was one of not caring about the concerns of advisers and simply rambled on about implementing the royal commission findings regardless of the potential damage they will do to small business. It left me a lot more concerned than optimistic.
See, they really do not care about advisers and small business.
"...and they know what they're doing" Really? There are many who question this statement about FASEA, given they were late by 6months on the exam & course accreditation and don't even have the Code of Ethics guidance as yet.
Bunch of cowboy policy makers who would not submit to their failures and mistake hence, they will not add back the 6 months that's been lost in translation while awaiting for their team of incompetent people to put their act together (the so called exam materials) to be release to the industry in late June rather than Jan 2019!!!