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Showing 331 - 340 of 540 results for "ethics"

FASEA yet to determine bridging courses

JAMIE WILLIAMSON  |  THURSDAY, 28 JUN 2018
The Financial Adviser Standards and Ethics Authority provided an update on its consultation process and confirmed there is currently no approved AQF 8 bridging courses for existing advisers looking to commence study. In March, FASEA released guidance ...

FASEA names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
The Financial Adviser Standards and Ethics Authority appointed a new chief executive from APRA. Formerly general manager of APRA's specialised institutions division, Stephen Glenfield will take on the role from 1 August 2018. He replaces inaugural ...

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... commenced in May 2016 - two months before the new regime. Now, guidance released by the Financial Adviser Standards and Ethics Authority states accountants providing financial advice will need to complete further education and be licensed under either ...

FASEA begins work on adviser exam

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
The Financial Adviser Standards and Ethics Authority commenced a consultation 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 ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
The Association of Financial Advisers released its assessment of the Financial Adviser Standards and Ethics Authority's 12 draft standards, pointing to numerous areas that need clarity and focus, particularly around governance at the licensee level. ...

Global banking ethics standard coming to Australia

HARRISON WORLEY  |  SATURDAY, 26 MAY 2018
A financial services industry group is supporting the launch of a new global banking education standard. The Ethics Education and Training for Professional Bankers Standard is the first to be released by the Global Banking Education Standards Board ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
Financial advisers must consult on the draft code of ethics as it contains vague standards the industry has never previously been required to adhere to. While it is already expected that advisers comply with a raft of legal obligations, wealthdigital ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

Adviser disciplinary regime has holes: AFA

JAMIE WILLIAMSON  |  MONDAY, 14 MAY 2018
... said: "If the question is referring to a single disciplinary body, where breaches of the law and breaches of the Code of Ethics were all considered by the same body then this would involve significant regulatory and structural reform." Despite being ...

Australian Ethical divests AMP

ALEX BURKE  |  THURSDAY, 10 MAY 2018
... following the governance failures exposed by the Royal Commission. Speaking to Financial Standard, Australian Ethical head of ethics research Stuart Palmer said while AMP passed its ethical screening in 2016, and the manager currently holds about $8 ...