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Showing 131 - 140 of 318 results for "FASEA"

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... minimal," he told Financial Standard. "A big factor behind that is education. There are a number of advisers behind on their FASEA requirements at the moment and they might be looking for alternative options. "Some advisers also feel uncertainty in the ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
... Amendment (2019 Measures No.3) Bill amends the Corporations Act so that financial advisers will have more time to pass the FASEA exam and meet FASEA's education requirements. Now that the bill has passed in the House of Representatives, it has to be ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... avoid conflicted remuneration and consider ethical and responsible investments in a more in-depth way. "For advisers the FASEA standards are no longer an intellectual exercise. Despite the practicality issues, they are now the yardstick against which ...

Calls for review of advice regulation

HARRISON WORLEY  |  THURSDAY, 6 FEB 2020
... Act, Tax Agent Services Act, National Consumer Credit Protection Act, and other obligations imposed under the ASIC Act and FASEA to name a few. "Often there is no harmonisation between these regulatory frameworks, or even within a single regulatory framework," ...

FPA partners with Deakin University

ALLY SELBY  |  WEDNESDAY, 5 FEB 2020
... signaled in August last year that it would partner with several postgraduate providers to make it easier for members to meet FASEA educational requirements, providing discounted fees for its 14,000 members. Units 1-4 of the CFP® certification have been ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... have a conflict of interest or duty", appears to be the source of some confusion on the issue. However, a spokesperson for FASEA reiterated that the code does not apply to businesses like YBR or the structures they put in place - only to individual financial ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... the exam have passed. The exam was held in eight metropolitan and 11 regional centres between December 5 and December 11. "FASEA is pleased with the outcomes of the third exam and congratulates successful candidates on completing an important component ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... distributed to SMSF trustees last year. During a speech at a Pritchitt Partners event in Sydney, the SMSFA chief also took aim at FASEA and the ATO. Maroney said the figures used in ASIC's SMSF report were of great concern. "We took issue with some ...

Sophistication: More than money

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
Under the FASEA Code of Ethics the amount of money an individual has to invest can no longer be relied upon to determine whether they are a sophisticated investor or not. Sophisticated investors are defined by ASIC's Money Smart as investors with a ...

FASEA loses board director

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
... Authority, the announcement coinciding with the commencement of the new Code of Ethics. Catriona Lowe will step down from the FASEA board effective January 31 as she has been appointed to a full-time role as a State/Territory member of the Australian ...