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Showing 191 - 200 of 545 results for "ethics"

SMSF auditors in firing line

ELIZA BAVIN  |  FRIDAY, 14 FEB 2020
... to provide a copy of the conditions to their professional association, complete specific courses of study, including in ethics and audit and pass the SMSF auditor competency exam. ASIC praised the Australian Taxation Office for its assistance under the ...

FASEA extension passes

ELIZABETH MCARTHUR  |  THURSDAY, 13 FEB 2020
The bill to extend deadlines for the Financial Adviser Standards and Ethics Authority exam and education requirements has passed the House of Representatives. The Treasury Laws Amendment (2019 Measures No.3) Bill amends the Corporations Act so that ...

Product provider makes big FASEA promise

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 FEB 2020
... new product which it says will help financial advisers avoid getting caught out by the Financial Adviser Standards and Ethics Authority Code of Ethics. Lonsec says it has solutions to help financial advisers meet the Code of Ethics requirements that ...

Advice industry compresses

ELIZABETH MCARTHUR  |  TUESDAY, 11 FEB 2020
... 24,059. The significant drop in numbers represents those who exited the industry post the Financial Adviser Standards and Ethics Authority's 31 December 2018 deadline. As adviser numbers now stand, they are in line with the number of financial advisers ...

Advisers still unclear on referral rules

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed. Amid news at the start of the year that Mark Bouris' Yellow Brick Road ...

Latest FASEA exam results in

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 JAN 2020
... 3000 financial advisers across Australia have just received their results for the final Financial Adviser Standards and Ethics Authority exam for 2019. Over 86% of the 2981 advisers who sat the exam have passed. The exam was held in eight metropolitan ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... key area of concern relates to the manner in which FASEA is executing its mandate, especially in relation to the code of ethics which came into force earlier this month," he said. "We fully support the goals contained in FASEA's mandate to lift standards ...

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
Another board director has resigned from the Financial Adviser Standards and Ethics 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 ...

FASEA responds to concerns

ELIZABETH MCARTHUR  |  FRIDAY, 20 DEC 2019
The Financial Adviser Standards and Ethics Authority today released a preliminary response to submissions from stakeholders on its much contested Code of Ethics, attempting to answer some of the many questions raised so far. FASEA consulted with stakeholders ...