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Showing 101 - 110 of 513 results for %22Financial Advisers Register%22

Exam pass rate steady at 60%

KARREN VERGARA  |  TUESDAY, 26 OCT 2021
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%. The Financial Adviser Standards and Ethics Authority's latest examination statistics show that more than 1300 candidates sat ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... this saw enrolments grow from 47 to 334 as at September. FASEA chief executive Stephen Glenfield commended financial advisers who have embraced raising industry standards and embarked on improving their education levels. "The uplifting of financial adviser ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
... to disclose the names of advisers that join its network. According to Rainmaker's analysis of ASIC Financial Advisers Register, Fiducian currently has 78 authorised representatives, spread across New South Wales (34), Victoria (18), Tasmania (10), Queensland ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... October 15. "The Better Advice Bill establishes a single disciplinary body and new registration system for financial advisers, including tax (financial) advisers. It also winds up the Financial Adviser Standards and Ethics Authority and transfers its ...

AFA names Great Advice Awards winners

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
In place of its traditional awards program this year, the Association of Financial Advisers unveiled the recipients of the inaugural Great Advice Awards. AFA national president Michael Nowak said due to COVID-19 restrictions and being unable to host ...

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... example, and adviser who takes a 12-month break from the industry, starting on 1 May 2021, ceases on the Financial Advisers Register to be a relevant provider voluntarily from 1 May 2021. From 31 December 2021, this advisers is deemed as an existing ...

More advisers switching practices

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... movement of financial advisers across AFS licences (AFSLs) and financial advice practices using the ASIC Financial Advisers Register. "With adviser numbers fluctuating by around 7000, over 25%, in the past three years, the adviser movements pipeline ...

Hume puts finfluencer followers on notice

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... crucial a crucial signal of quality to consumers", she said. "That's why we need an up-to-date financial advisers register that consumers can access, and that they are aware of so that consumers can check if their advisor is registered. It's ...

FASEA exam pass rate drops

KARREN VERGARA  |  WEDNESDAY, 1 SEP 2021
The financial adviser exam pass rate continues to dwindle as less than two-thirds of financial advisers passed the July exam sitting. The Financial Adviser Standards and Ethics Authority announced yesterday that 60% of the 1963 candidates passed the ...

Benefits of advice reforms yet to materialise

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
... Act. The Design and Distribution Obligations (DDO) will take effect in October while all existing registered financial advisers have until 1 January 2022 to pass the FASEA exam (with a nine-month extension granted in some cases). Finally, the Better ...