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Showing 61 - 70 of 525 results for "Ethics"

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
... to have met the standards if they have 10 years' industry experience, a clean record and have completed a tertiary-level ethics subject. In its submission to the consultation, the AFA said it does not support the clean record requirement in practice ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... or lower education standards" for financial advisers. The SAFAA slammed the now-defunct Financial Adviser Standards and Ethics Authority, describing it as a "bureaucracy that was averse to stakeholder engagement" and narrowed the scope of recognised ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
The Financial Adviser Standards and Ethics Authority is deferring the amendments to Standard 3 to ASIC because the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
... Council for Educational Research, which also facilitated the exam administration for the Financial Adviser Standards and Ethics Authority, which shuts down on December 31. "We are working with ACER to finalise Sitting 17, Sitting 18, and Sitting 19 of ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... financial advisers. Like Labor's proposal, the government suggests 10 years of experience, a good record, and a tertiary level ethics subject should be enough to meet the education requirements for existing financial advisers. This is a backflip on the ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... this the lowest pass rate on record. Fifty-two percent of the 2129 advisers who sat the Financial Adviser Standards and Ethics Authority exam were successful. The pass rate continues to deteriorate from as high as 88% at one point. This has gradually ...

Labor promises to recognise adviser experience

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... professional exams, and meet continuing professional development requirements, and abide by an appropriate professional code of ethics. But we won't be asking you to waste your time on degrees you don't need," he said. The industry's call ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
The Financial Adviser Standards and Ethics Authority has opened a round of consultation to amend the wording of Standard 3. Following concerns raised by the industry, FASEA is now asking stakeholders what they want the wording of Standard 3 to state ...

Financial Standard, Deakin University partner

STAFF WRITER  |  FRIDAY, 29 OCT 2021
... Planning as well as bridging courses (MAA769, MLC714 and MAA728) which are all approved by the Financial Adviser Standards and Ethics Authority (FASEA). "Deakin is extremely excited to announce this new partnership with Financial Standard and is looking ...