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Showing 111 - 120 of 322 results for "FASEA"

FASEA unclear why advisers are quitting

ELIZABETH MCARTHUR | MONDAY, 25 MAY 2020

FASEA chief executive Stephen Glenfield has said it is outside the authority's remit to look into why financial advisers are exiting the industry in droves. Rainmaker analysis of the ASIC Financial Adviser Register indicates that the register has ...

FASEA extension en route

HARRISON WORLEY | FRIDAY, 22 MAY 2020

... move which should ensure a saloon passage through the Senate for legislation extending the deadline for advisers to meet FASEA educational requirements. With the matter settled, a Labor spokesperson told Financial Standard the opposition's amendment ...

FASEA blame game on in earnest

HARRISON WORLEY | FRIDAY, 15 MAY 2020

... Both the government and the opposition have been happy to blame one another for the Parliament's failure to pass the FASEA extension bill this week. Was the parliament's failure to pass the FASEA extension a cheap political stunt by the opposition ...

Merging super funds guaranteed tax relief

HARRISON WORLEY | FRIDAY, 15 MAY 2020

... permanently avoid negative tax outcomes upon merging, after an amendment bill sailed through parliament yesterday. While the FASEA extension stalled yesterday, the parliament successfully shepherded the government's Treasury Laws Amendment (2020 Measures ...

Practice valuations avoid COVID-19 hit

HARRISON WORLEY | THURSDAY, 14 MAY 2020

... the majority of the impact on valuations at the moment still comes back to "overregulation", the age of advisers and the FASEA requirements. "It's so much red tape it's not funny," Tynan told Financial Standard. He added that with the majority ...

Mudslinging over FASEA extension continues

HARRISON WORLEY | WEDNESDAY, 13 MAY 2020

Labor has slammed the Association of Financial Advisers for spouting untruths over the path of the FASEA extension bill through the Senate. Shadow Assistant Treasurer and Shadow Assistant Minister for Financial Services Stephen Jones told Financial ...

FASEA extension to pass next week

ELIZABETH MCARTHUR | FRIDAY, 8 MAY 2020

... superannuation, financial services and financial technology Jane Hume delivered some welcome news about the extension to FASEA requirements. Hume confirmed the legislation would be listed on the Senate sitting calendar next week as non-controversial ...

Adviser fears over ASIC relief

HARRISON WORLEY | THURSDAY, 30 APR 2020

... says. TWD director Cara Graham agrees, saying even with the temporary measures advisers are still required to abide by the FASEA Code of Ethics. "It's not as if that's [the Code] gone out of the window," Graham says. "All the steps in the onboarding ...

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR | THURSDAY, 30 APR 2020

During a Responsible Investment Association of Australasia webinar some financial advisers have suggested that FASEA's Code of Ethics doesn't go far enough on ethical investing. Appearing on the webinar, Federation Financial Services adviser Dave Rae ...

Compliance worse than COVID-19

ALLY SELBY | THURSDAY, 23 APR 2020

... Anderson argued there was a consensus that more was to come. In the last few years, advisers had faced FoFA reforms, the FASEA Code of Ethics, Royal Commission recommendations, ASIC Project 515 and "lookback" projects as a result of the fee for no service ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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