Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 127 results for "Instrument 2023/668"

FASEA releases professional year standard

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
New financial advisers will be required to undertake 1500 hours of work activities and an additional 100 hours of structured training before becoming known as a provisional financial planner or adviser. On Thursday FASEA registered the legislative instrument  ...

FASEA finalises adviser CPD standard

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
FASEA has settled on the continuing professional development requirements for financial advisers. Listening to industry consultation, the Financial Adviser Standards and Ethics Authority made several determinations upon registering the legislative instrument  ...

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
ASIC will keep a closer eye on managed accounts in 2019, which will involve scrutinising the financial advice provided in more detail. In its 2018-22 Corporate Plan, the corporate regulator announced a new project reviewing the practices of managed ...

Adviser exam draft legislation released

JAMIE WILLIAMSON  |  MONDAY, 17 DEC 2018
The Financial Adviser Standards and Ethics Authority released draft legislation for the adviser examination, including what it will cost to sit the assessment. Following consultation, FASEA has determined the exam will be a 3.5 hour supervised test ...

FASEA releases draft degree requirement legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 21 NOV 2018
The Financial Adviser Standards and Ethics Authority released its long awaited degree requirements for existing financial advisers and new entrants. FASEA has proposed the maximum requirement for an existing adviser be a graduate diploma of eight subjects ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
More investors are turning to fixed income ETFs as a way to finetune their bond portfolios. Karren Vergara finds out what is driving the demand and why this new wave of defensive ETFs is here to stay. Recalling the sharp market correction that stung ...

Scrapping LRBAs would be detrimental to investors

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
A commercial property lender believes banning limited recourse borrowing arrangements in their entirety would be too heavy handed, saying critics often cite residential property spruikers to cast shadows. Thinktank chief executive Jonathan Street said ...

ASIC delays adviser reporting deadlines

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
ASIC has delayed reporting dates relating to the professional standard reforms for financial advisers. On 1 August 2018, ASIC announced existing financial advisers that don't appear on its Financial Adviser Register (FAR) will be forced to complete ...

ASIC provides relief for naked short selling

HARRISON WORLEY  |  TUESDAY, 9 OCT 2018
ASIC provided legislative relief to ETF market makers, alongside changes to short selling laws. With ASIC instruments due to expire, the corporate regulator issued a short selling instrument, which it said continues the effect of those instruments due ...

ASIC extends relief to foreign financial services firms

KARREN VERGARA  |  MONDAY, 24 SEP 2018
ASIC will allow foreign companies that provide financial services to Australian wholesale clients to continue without the need of an AFSL until 30 September 2019. The corporate regulator announced in June it was proposing a modified licensing regime ...