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Showing 281 - 290 of 322 results for "FASEA"

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... advisers with any degree and a professional designation - not granted under grandfathered terms - should be accepted by FASEA as meeting the new standards. As for advisers without a degree but with a professional designation, Fox said it seems likely ...

AFA seeks overhaul of proposed education standards

JAMIE WILLIAMSON  |  TUESDAY, 3 JUL 2018
... more lenient requirements; recognition of psychology as a related field; and numerous deadline delays. In its submission to FASEA, the AFA has called for a provision whereby advisers with at least 15 years' experience who are aged 55 or over as at ...

ASIC slams SMSF advice, flags further education reform

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... also provided deficient advice. As a result ASIC will engage with the Financial Adviser Standards and Ethics Authority (FASEA) to discuss a specific SMSF qualification for those wishing to provide SMSF advice. "Through this project, we have seen an unacceptable ...

FASEA yet to determine bridging courses

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
... confirmed there is currently no approved AQF 8 bridging courses for existing advisers looking to commence study. In March, FASEA released guidance under which all existing financial advisers are required to complete at least some units of an AQF 8 level ...

FASEA names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... Victorian Financial Institutions Commission and KPMG. He is the current chair of APRA's Superannuation Industry Group. FASEA chair Catherine Walter said Glenfield's appointment completes a comprehensive executive recruitment process, as the body ...

FASEA begins work on adviser exam

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
... process of sorts to assist with its design of the industry exam which all new and existing advisers will be required to pass. FASEA is seeking expressions of interest from specialist education providers with experience in delivering large-scale national ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... pointing to numerous areas that need clarity and focus, particularly around governance at the licensee level. The AFA said FASEA doesn't go far enough to include licensees in the code of ethics or addresses how to establish the correct compliance culture. ...

$900bn of wealth soon up for grabs: Research

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
... occur, Adviser Ratings estimates $900 billion of wealth would become available for management. The review service cited new FASEA educational standards and "FOFA-like changes from the Royal Commission" as key drivers in the impending mass exit. Adviser ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... professional standards legislation, the code of ethics developed by the Financial Adviser Standards and Ethics Authority (FASEA) will be enforced by ASIC-approved compliance schemes. ASIC has proposed that the Corporations Act be reformed to require ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... Philip Kewin said the AFA began considering its regulatory purpose when Financial Advisers Standards and Ethics Authority (FASEA) was introduced in April 2017. In October 2017, the AFA added to the constitution its plans to move toward becoming a "code ...