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Showing 101 - 110 of 322 results for "FASEA"

FPA accuses ASIC of price gouging

ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... financial advisers are already under a great deal of pressure to meet new education requirements, await outcomes on the FASEA extension from an "unpredictable parliament" and overhaul their business models to meet regulatory requirements. "As small businesses ...

FASEA extension hits snag

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The 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. Despite being introduced ...

Confusion over RG 146 requirements

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
... association was getting queries from members who were unclear on whether they still had to do RG 146 CPD, now that the new FASEA CPD requirements are transitioning into effect. "Confusion has been rife as to when RG 146 CPD no longer needs to be recorded," ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... advisers were saddled with a regulatory burden that was negotiated in the institutions' favour. The Royal Commission and the FASEA regime, Yazbeck said, have resulted in even more regulation adding to this burden. "Lawyers are nowhere near as heavily ...

Short consultation window for stamping fee exemption

HARRISON WORLEY  |  FRIDAY, 5 JUN 2020
... of the Corporations Amendment (Stamping Fee Exemption) Regulations 2020, which should remove the final impediment to the FASEA extension passing when the parliament sits again this month. Consultation on the exposure draft opened yesterday, and will ...

What advisers need to know: BT

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... the conditions to be eligible for early release of super. Ashenden added that advisers are also grappling with how to meet FASEA requirements in isolation. Especially with the extension to the FASEA requirements not yet passed. "There is a little hesitation ...

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... FPA said registration of planners must include verification that they have complied with the professional standards set by FASEA, including passing the professional exam, meeting the education standard and ongoing compliance with the ethical standards. ...

Advice job market not all doom and gloom

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... One is that they want clearly defined career pathways to see the benefits of the extra study they now have to do under the FASEA requirements. Of course, attractive base remuneration and bonus structures and the potential for equity in the business and ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Suggestions from one financial advice association that advisers should boycott the FASEA exam has led to a call for associations to merge in order to better represent the industry. The United Financial Advisers Association (UFAA) has called on its 6000-strong ...

FPA confirms redundancies

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
... all Australians." The FPA's advocacy work has been in the spotlight as it has successfully lobbied for extensions to the FASEA education requirements and exam. However, this hit a snag recently when the extension failed to pass after Assistant Minister ...