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Showing 11 - 20 of 34 results for "FASEA Code of Ethics"

FASEA too soft on ethical investing: Advisers

ELIZABETH MCARTHUR  |  THURSDAY, 30 APR 2020
... the webinar, Federation Financial Services adviser Dave Rae pointed to an example provided along with the FASEA Code of Ethics' Standard 6. In the Code of Ethics Guidance, released by FASEA in October 2019, this example was given: "Where your clients ...

Compliance worse than COVID-19

ALLY SELBY  |  THURSDAY, 23 APR 2020
... there was a consensus that more was to come. In the last few years, advisers had faced FoFA reforms, the FASEA Code of Ethics, Royal Commission recommendations, ASIC Project 515 and "lookback" projects as a result of the fee for no service issue, he ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... immediate needs being met." He also wants to see ASIC take more of a facilitative approach (as it did with the FASEA Code of Ethics) with legislation passed or in the pipeline including the FASEA exam. "Any and all of these initiatives would free up ...

Life commissions, referral fees still kosher: AFA

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
... and professionalism Phil Anderson dove into commissions and fees in a detailed presentation in light of the FASEA Code of Ethics, Life Insurance Framework and other regulatory changes. Anderson pointed out CountPlus chief executive Matthew Rowe's recently ...

Advice complaints low: AFCA

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 FEB 2020
... disseminating to financial firms, with the aim of clarifying how it handles claims fairly. Singh focused on the FASEA Code of Ethics, saying this has added obligations for financial advisers in AFCA's view. "We are required to have regard for industry ...

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
... Management Committee," FASEA said. "The board wishes her success in her future role." Her resignation comes as the FASEA Code of Ethics kicks into action, with all financial advisers expected to be compliant as of January 1.

Why joint effort is required in advice

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... aware of trying to be more aligned and collaborate," FPA chief executive Dante De Gori said. De Gori said the FASEA Code of Ethics is "not done and dusted" and confirmed the associations will continue to work together to get a favourable outcome for ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... advisers can approach the workload of FASEA compliance to their benefit. "At the risk of upsetting some people, FASEA code of ethics should be the guiding light in this process of being a good corporate citizen," Haddan said. She said when her practice ...

FASEA chief to provide update

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 NOV 2019
... Glenfield was a late addition to the regulatory update session and is expected to provide an update on the FASEA Code of Ethics. He will also speak as part of the FASEA exam insights workshop. De Gori said: "We're really looking forward to having Stephen ...