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| | The compulsory financial adviser and curriculum examination has been branded as unfair, according to Financial Standard's latest online survey. An overwhelming number of financial advisers (68%) said the long-awaited exam the Financial Adviser Standards ... |
| | | The Financial Adviser Standards and Ethics Authority released its long awaited degree requirements for existing financial advisers and new entrants. FASEA has proposed the maximum requirement for an existing adviser be a graduate diploma of eight subjects ... |
| | | Among a wide-ranging update on Friday evening, the Financial Adviser Standards and Ethics Authority concreted several aspects to an industry exam. It also released a standards blueprint. FASEA said the duration of the financial adviser exam will be ... |
| | | The Financial Planning Association of Australia slapped a $50,000 fine on former member Sam Henderson for breaching its professional code of conduct nine times. The FPA's independent disciplinary body, the Conduct Review Commission (CRC), determined ... |
| | | ... Boomers, who own more than half of Australia's wealth, in an era of uncertainty underscored this year's Financial Standard Best Practice Forum on Retirement Income. Speaking from the Crown in Melbourne, Allianz Retire+ Powered by PIMCO head of ... |
| | | ... into the budget every year, the independent think tank said. Grattan Institute chief executive John Daley said: "The financial services industry 'fear factory' encourages Australians to worry unnecessarily about whether they'll have enough money in retirement." ... |
| | | High profile financial adviser Sam Henderson has been found guilty of nine of 10 alleged breaches of the Financial Planning Association of Australia's code of professional practice. The determination was delivered this afternoon by the FPA's ... |
| | | ... dealer to dealer OTC clearing service has been in operation since 2013 and cleared $6.3 trillion in notional value last financial year. The OTC clearing service has global standard API connectivity, 24-hour clearing, AUD and NZD product coverage, and ... |
| | | ... again mentioned over insurance rewriting, which the commission first heard of in the second round hearings covering financial advice. The practice involves authorised representatives recommending a client cancel their existing AMP life insurance policy ... |
| | | ... mortgage protections, clearer language around responsible lending, more sympathetic language around customers facing financial difficulties and compliance with the DHS code of operation. "It is ironic that the major banks are lecturing credit unions ... |
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