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Showing 11 - 19 of 19 results for "Professional Code"

Industry bodies welcome Code of Conduct update

LAURA MILLAN  |  MONDAY, 4 MAR 2013
... FPA CEO Mark Rantall said. "Alternative arrangements to manage opt-in are best handled within a comprehensive professional code. The FPA Code solution to the opt-in problem removes the draconian two year termination requirement. Instead, it replaces ...

AFA mulls fresh approach to FOFA code of conduct

LAURA MILLAN  |  TUESDAY, 19 FEB 2013
The Association of Financial Advisers (AFA) is still looking for a practical approach to the Future of Financial Advice (FoFA) Code of Conduct requirement, AFA newly appointed CEO Brad Fox said. "The first opt-in obligation does not kick in until July ...

Aligned or independent: Advisers must be relevant

MARK STORY  |  WEDNESDAY, 31 OCT 2012
... via RG146 were both welcomed and valid. However, she was less comfortable with the issue of moving towards a professional code, especially given the uncertainty over who might be party to it. "The need for a minimal professional qualification is evolving ...

"Bad apples" slipping through the cracks: ASIC

BEN COLLINS  |  THURSDAY, 26 JUL 2012
The corporate regulator has put licensees on notice, saying there is growing concern that "bad apples" in the industry are slipping through the cracks because of poor reference checking when advisers swap between groups. At the Association of Financial ...

ASIC flags guidance on code approval

MELANIE TIMBRELL  |  WEDNESDAY, 2 MAY 2012
... to exempt advisers from the opt-in obligation if the regulator was satisfied that the adviser was signed to a professional code that 'obviates the need' for opt-in. Speaking yesterday at a joint Association of Financial Advisers / Financial Services ...

SPAA reassures members on opt-in

MELANIE TIMBRELL  |  WEDNESDAY, 28 MAR 2012
... to ensure it qualifies for the ASIC exemption that obviates the opt-in requirement for advisers signed to a professional code. "The FOFA reforms will result in the raising of standards across the financial planning profession, which is a positive step ...

FOFA passing causes industry division

ELISE BURGESS  |  FRIDAY, 23 MAR 2012
... ability to exempt advisers from the opt-in obligation if they are satisfied that the adviser is signed up to a professional code. The Financial Planning Association (FPA) has welcomed the concessions and said the reforms will start a "new chapter in ...

Details still needed on opt-in: ANZ Wealth

CLAIRE MCGREAL  |  FRIDAY, 23 MAR 2012
... general manager, advice and distribution, said there are two key issues to consider. "One is the detail- does a professional code of conduct have an in-built opt-in in it anyway...will that be a requirement? Also, what will ASIC's interpretation be?" ...

Opt in rules not up for debate

JOHN MCDULING  |  FRIDAY, 26 NOV 2010
... to opt in, but if it is indeed to be implemented... we are looking at the ability of FPA members, held by a professional code of practice and with stringent service contracts in place, could be exempted..." Sandlant said the election had put the reform ...
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