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Showing 51 - 60 of 84 results for "Professional Year"

Latest adviser exams see 52% pass rate

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
... be ceased by law and the adviser will be required to pass the exam, obtain an approved degree, and complete a professional year in order to become reauthorised.

Not ruling anything out: Insignia Financial

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... believes this is because Insignia's offering is compelling, not because the group has greater means to offer a Professional Year. "It is at scale, we have the resources to invest in advice, we've got a commitment to advice, and we're prepared ...

Don't forget: Adviser exam deadline looms

CHLOE WALKER  |  MONDAY, 11 JUL 2022
... adviser," ASIC said. "New financial advisers must meet additional education requirements, including completing the professional year, before they can be re-authorised to provide personal advice." The July exams will be held from July 28 to August 1. ...

AFA opposes clean record requirement

JAMIE WILLIAMSON  |  THURSDAY, 3 FEB 2022
... entrants to the industry, the AFA suggested funding support be offered to encourage employers to appoint more Professional Year candidates.

Most paraplanners will not become financial advisers

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... paraplanning, the report reads. "This suggests that employed paraplanners could be perfect candidates for the Professional Year Programme to cultivate new advisers for our industry." The majority (69%) of Australia's paraplanning sector is female ...

Advisers closer to professionalisation: FASEA

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
... courses from 57 in 2018 to 178 in 2021. There were 590 new entrants to the industry who have commenced their Professional Year since January 2019; this saw enrolments grow from 47 to 334 as at September. FASEA chief executive Stephen Glenfield commended ...

AFA chief outlines vision

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... choosing financial advice as a career. "The number of graduates entering the profession each year is tiny. The professional year as it stands is difficult to sustain for either graduate or employer. Without change, there simply won't be enough financial ...

New firm joins Count Financial

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
... client best interest at the forefront, rather than product distribution," Heyer said. "Given that we also have a Professional Year (PY) candidate in our firm, Count Financial's well-structured PY framework supports new entrants to the industry and will ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... Association of Financial Advisers (AFA) recommended the government introduce a $10,000 wage subsidy for employing professional year students, citing the significant cost involved in bringing on a new entrant whose contribution to the business may be ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... wage subsidy to financial advice practices to encourage employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has recommended the government incentivise advice practices with a $10,000 wage subsidy ...