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Showing 51 - 60 of 525 results for "Ethics"

May exam sees 43% pass rate

JAMIE WILLIAMSON  |  MONDAY, 20 JUN 2022
... the second time the exam has been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority in December last year.

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 ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... with increased education requirements, industry consensus was that the government and the Financial Adviser Standards and Ethics Authority didn't place enough value on on-the-job experience. The present economic climate stands to prove how true that ...

ASIC releases latest adviser exam results

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
... the first time the exam had been administered by ASIC following the dissolution of the Financial Adviser Standards and Ethics Authority at the end of 2021. ASIC said close to 20,000 candidates have sat the exam to date, with 91% passing. That said, analysis ...

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 ...

Can Russia use crypto to get around sanctions?

ELIZABETH MCARTHUR  |  FRIDAY, 11 MAR 2022
... concerns Russia might use cryptocurrencies to circumvent sanctions and move money undetected, raising concerns around the ethics of crypto. According to insights from the University of New South Wales, Russia has one of the highest levels of crypto adoption. ...

ASIC sets adviser exam dates

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
... pass rate on record. The exam, which were the last to be administered by the now-defunct Financial Adviser Standards and Ethics Authority, saw 52% of the 2129 advisers successfully pass. ASIC took over FASEA's remit on January 1. The pass rate continues ...

ASIC stands against suspicious SMSF auditing

CHLOE WALKER  |  MONDAY, 7 MAR 2022
... performed and declarations to be made to ASIC about their SMSF audit clients; additional education requirements relating to ethics and auditor independence; and a requirement to notify their professional association. ASIC said these actions were appropriate ...

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] ...