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Showing 121 - 130 of 322 results for "FASEA"

500 advisers exit during COVID-19

ELIZABETH MCARTHUR | THURSDAY, 23 APR 2020

... "There's going to be more," Tynan said. "It's the over-regulation. You've got the regulation from ASIC, then you've got FASEA, then you've got the dealer groups and the institutions. People are being strangled by bureaucracy and red tape." Tynan predicts ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON | TUESDAY, 14 APR 2020

... pandemic can quickly access the financial advice they need." This relief package, coupled with the extensions provided to the FASEA exam deadline and qualifications requirement for financial advisers, will provide advisers with assurance to continue ...

Latest adviser exam results in

JAMIE WILLIAMSON | TUESDAY, 7 APR 2020

FASEA has announced more than 82% of financial advisers that sat the February exam were successful. Releasing the results today, the body said 2231 advisers sat the exam in mid-February and 82% passed. More than 30% of the advisers listed on ASIC's ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR | MONDAY, 6 APR 2020

... grandfathered commissions early, even when a High Court challenge of the grandfathered commissions ban was on the cards. "LIF, FASEA, the banning of grandfathered revenue and resultant structural change has led to 23 suicides (COVID -19 death toll is ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR | THURSDAY, 2 APR 2020

... not be able to wait for in the current circumstance. Transitioning grandfathered commission clients and studying for the FASEA exam are things that may be taking advisers attentions away from what's important right now, Anderson said, and the AFA ...

IMAP not anticipating regulatory overhaul

ELIZA BAVIN | WEDNESDAY, 25 MAR 2020

... regulations became effective," he said. In relation to the code of ethics, Potter said IMAP has been working closely with FASEA on the impact of the code and those who give advice on managed accounts. "We have had very good engagement with FASEA. We ...

Positives from the pandemic for advisers

ELIZABETH MCARTHUR | TUESDAY, 24 MAR 2020

... advisers. "For the first time in many years we have politicians publicly acknowledging that the current government and the FASEA organisation they created have gone too far," Johnson said. "Shadow Minister for Financial Services Stephen Jones has been ...

FASEA exam to go online

HARRISON WORLEY | THURSDAY, 19 MAR 2020

... Authority has cancelled the scheduled April adviser exam, with advisers set to take it online as the COVID-19 pandemic rolls on. FASEA has been forced to cancel its April face-to-face exams. Recognising the difficulties posed by the current circumstances ...

FASEA rethinks CPD, provides exam update

ELIZABETH MCARTHUR | TUESDAY, 17 MAR 2020

FASEA and its exam provider ACER have offered an update on what financial advisers can expect from the FASEA exam amidst the COVID-19 pandemic - taking a wait and see approach. Meanwhile, financial advisers are also calling for FASEA to reconsider its ...

How to ensure clients will pay higher fees

ELIZABETH MCARTHUR | FRIDAY, 28 FEB 2020

... grandfathered commissions from 31 December 2020, new annual renewal obligation starting this year and the completion of FASEA education requirements will all add complications for advisers. Those clients with less money, who paid the lowest fees, will ...

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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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