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Showing 61 - 70 of 72 results for "adviser exam"

FASEA busts dishonest education providers

JAMIE WILLIAMSON  |  FRIDAY, 14 SEP 2018
... course covering the FASEA Code of Ethics and legalities have also been recommended. The FPA believes the financial adviser exam to be an open-book, multiple choice only assessment purely focused on the FASEA Code of Ethics and explicit legal obligations. ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
The Association of Independently Owned Financial Professionals is urging all financial advisers to reunite and put an end to "repugnant" reforms proposed by the Financial Adviser Standards and Ethics Authority. The AIOFP announced it is taking a "politically ...

Three attempts at adviser exam is fair: Poll

KARREN VERGARA  |  MONDAY, 23 JUL 2018
Three attempts to pass the Financial Adviser Examination is welcomed by Financial Standard readers, the publication's latest spot poll shows. Overall, the exam's content, structure and 65% scaled pass score as proposed by the Financial Adviser ...

FASEA-induced exodus increasingly likely

JAMIE WILLIAMSON  |  TUESDAY, 17 JUL 2018
... business." "They will be required to subscribe to a code monitoring body within 18 months, will need to have passed the adviser exam within two and a half years, and will need to meet the education standards by the start of 2024," he added.

Advisers demand self-licensing regime: Poll

KARREN VERGARA  |  MONDAY, 16 JUL 2018
A majority of financial advisers would welcome an overhaul of the AFS licensing regime, a recent survey shows. The majority (78%) of financial advisers polled in Financial Standard's sister publication FS Advice would prefer to be self-licensed, similar ...

FASEA issues adviser exam proposals

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUL 2018
The Financial Adviser Standards and Ethics Authority released its draft guidance on the five key areas existing financial advisers will be tested on under the new education requirements. FASEA is proposing tthe Financial Adviser Examination assess the ...

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 ...

Sacked Macquarie advisers still in the industry

LAURA MILLAN  |  TUESDAY, 21 APR 2015
Some of the 11 Macquarie Private Wealth (MPW) advisers who were made redundant because they gave improper advice are currently employed in other financial planning firms, Macquarie chief executive Nicholas Moore said. Speaking at a Senate Economics ...

ASIC national exam proposal lacks evidence: CMCRC

ALEX BURKE  |  TUESDAY, 20 JAN 2015
ASIC chair Greg Medcraft's call for a national adviser examination is flawed, according to Capital Markets Cooperative Research Centre (CMCRC) chief executive Michael Aitken. While recognising Medcraft's good intentions, Professor Aitken argued that ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
... exam's integrity and to avoid cheating." Medcraft's comments echo those of ANZ Bank, which called for a national adviser exam In its submission to the Senate Economics Reference Committee inquiry into the scrutiny of financial advice. The bank said the ...