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Showing 271 - 280 of 322 results for "FASEA"

FASEA bumps adviser CPD to 50 hours

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
... development under new proposals from the Financial Adviser Standards and Ethics Authority. Releasing its draft guidance on CPD, FASEA is proposing the number of hours advisers are required to dedicate to CPD be increased from 30 to 50 under the new professional ...

FASEA releases professional year guidance

JAMIE WILLIAMSON  |  TUESDAY, 24 JUL 2018
... Authority released its guidance on the professional year that all new advisers will be required to complete from 1 January 2019. FASEA proposes the professional year be designed to ensure the practical learning of four core technical competencies that ...

CPA Australia scraps advice offering

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... "Taking into account the uncertainty created by the potential impacts of the Financial Adviser Standards and Ethics Authority (FASEA), increased regulation and costs, as well as potential outcomes from the Financial Services Royal Commission, the board ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
... exam's content, structure and 65% scaled pass score as proposed by the Financial Adviser Standards and Ethics Authority (FASEA) is deemed fair and reasonable, according to the majority (62%) of participants we polled last week. About one-third (34%) ...

AMP dumps Horizons program

JAMIE WILLIAMSON  |  FRIDAY, 20 JUL 2018
AMP has scrapped its Horizons program, replacing it with a new, FASEA-compliant education and training course for financial advisers. Open to those with a degree approved by the Financial Adviser Standards and Ethics Authority, the new Adviser Pathways ...

Advisers grapple with client retention

KARREN VERGARA  |  WEDNESDAY, 18 JUL 2018
... reputation of the financial planning industry, the majority (66%) expect positive structural transformation will flow from FASEA-led reforms. Investment Trends research director Recep Peker said planners continue to face challenges on multiple fronts ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... survey conducted by the industry body in support of its submission to the Financial Adviser Standards and Ethics Authority (FASEA), 57.8% of its existing adviser members currently hold qualifications that are AQF 8 and AQF 9 level. This is higher than ...

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
... at May 1. By the new financial year this dropped to 311. Financial Standards latest poll asks if three attempts to pass FASEA's proposed Financial Adviser Examination is fair and reasonable.

FASEA issues adviser exam proposals

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
... draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. FASEA is proposing tthe Financial Adviser Examination assess the practical application of advisers' knowledge around the Corporations ...

FASEA must recognise all prior learning: FPA

JAMIE WILLIAMSON  |  THURSDAY, 5 JUL 2018
... FPA's submission to the Financial Adviser Standards and Ethics Authority, also found 84.1% of existing advisers hold what FASEA has deemed an unrelated degree and are not comfortable with the draft standards. As such, the association is advocating for ...