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Showing 1241 - 1250 of 2862 results for "Standards"

Advisers grapple with client retention

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
... losing clients and the ongoing financial services Royal Commission isn't helping. The good news is professional standards reform is helping restore the reputation of the industry, Investment Trends research reveals. In the 12 months to May, financial ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... postgraduate study. According to a survey conducted by the industry body in support of its submission to the Financial Adviser Standards and Ethics Authority (FASEA), 57.8% of its existing adviser members currently hold qualifications that are AQF 8 ...

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... register shows 403 advisers were licensed by Dover as at May 1. By the new financial year this dropped to 311. Financial Standards latest poll asks if three attempts to pass FASEA's proposed Financial Adviser Examination is fair and reasonable.

APRA tells banks to prepare for financial storm clouds

HARRISON WORLEY  |  THURSDAY, 12 JUL 2018
... simple and would ensure Australia's banks were prepared for the worst, should it eventuate. "Maintaining sound lending standards when the sun is shining and winds are calm; building and maintaining financial resilience today to protect against stormy ...

FASEA issues adviser exam proposals

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
The Financial Adviser Standards and Ethics Authority released its draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. FASEA is proposing tthe Financial Adviser Examination assess the ...

Disability income insurance an ongoing concern: APRA

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... community. In other initiatives, APRA is currently conducting a post-implementation review of its prudential and reporting standards and related guidance material for superannuation. The review, it said, is not intended to revisit the policy intent or ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... adviser education reforms. The survey, which forms much of the foundation of the FPA's submission to the Financial Adviser Standards and Ethics Authority, also found 84.1% of existing advisers hold what FASEA has deemed an unrelated degree and are not ...

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... the Association of Financial Advisers believes a practical trade-off is required in order for the Financial Adviser Standards and Ethics Authority to meet its "mutually exclusive" goals for increasing industry professionalism. Former AFA chief executive ...

Chief economist update: Steady at 24 and counting

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2018
... growth has declined, with investor demand having slowed noticeably." The RBA expects some further tightening in lending standards. Not surprising, these unchanged assessments led to the now familiar conclusion: "The low level of interest rates is continuing ...

AFA seeks overhaul of proposed education standards

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
The Association of Financial Advisers is seeking significant changes to the Financial Adviser Standards and Ethics Authority's draft education standards, including calls for experienced advisers over 55 to be subject to more lenient requirements ...