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Showing 11 - 20 of 172 results for "code of ethics"

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
The Association of Financial Advisers (AFA) chief executive Phil Anderson said the Code of Ethics for financial advisers was not backed by industry during its 2019 implementation and remains the case now. The Code of Ethics, developed by the now dissolved ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... impacted advisers over the past three years. "Professional standards were introduced for financial planners and the Code of Ethics was legislative, the requirement to pass an exam and complete a professional year was introduced," she recalled. "Moving ...

Research explores advice industry's maturation

ANDREW MCKEAN  |  TUESDAY, 20 SEP 2022
... "Financial advisers now show significant confidence in their ability to navigate ethical areas and can rely on their code of ethics to determine conduct as a basis for navigation and decision making," Neilson said. He said that the introduction of mandated ...

Government to review adviser professional standards

JAMIE WILLIAMSON  |  THURSDAY, 11 AUG 2022
... promise to remove tertiary education requirements for experienced advisers and look to make improvements to the Code of Ethics. Assistant treasurer and minister for financial services Stephen Jones announced the government will soon commence consultation ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... what is expected to comply with the Best Interests Duty (BID) and the uncertainty created by Standard 6 of the Code of Ethics," the AFA said. The group said advisers are also uncertain as to how much client data they need when providing limited scope ...

Mixed reviews for advice industry reviewer

KARREN VERGARA  |  MONDAY, 14 MAR 2022
... of these things have been excluded. This means that issues like the financial adviser education standard and the Code of Ethics will need to be addressed by the Government, rather than being referred to the QAR for a recommendation. We look forward to ...

Advisers call out regulation backflip

KARREN VERGARA  |  FRIDAY, 4 MAR 2022
... their professional judgement and be guided by ethical standards, as has been promoted since the introduction of the Code of Ethics? If so, what happens when the regulator disagrees with the advice provided? Do we then have to discount the principles ...

Advisers cautious of election promises

KARREN VERGARA  |  THURSDAY, 3 MAR 2022
... some of these big issues right," he said. Hume confirmed that if the Liberal Party is re-elected, the contentious Code of Ethics is here to stay. Sciarrone said that more clarity around the code is imperative so there is no confusion on "what [advisers] ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... and private resources and something that needs to be addressed immediately after the election. In terms of the Code of Ethics, which are now under treasury's remit, Hume said there are "no big plans to make significant changes". "That is quite a ...

AFA opposes clean record requirement

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... subject graduate certificate, however with two subjects credited. Therefore, they would only need to complete the Code of Ethics subject and the Legal Obligations study, the AFA said. There would be different requirements for advisers with more than ...