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| | | A debate is raging about what the Financial Advice Standards and Ethics Authority's Code of Ethics means for ESG investing and advising clients on ethical investment options, with FASEA chief executive Stephen Glenfield looking to clarify the issue. ... |
| | | | ... "It's an important area of law, not just for climate change but more broadly in the superannuation industry around the standards that trustees should be held to." Luke Hooper, special counsel at Mills Oakley, explained the case has ramifications for ... |
| | | | The Financial Adviser Standards and Ethics Authority has released the results from the financial adviser exam held in September, which 1697 financial advisers sat. The exam was held in eight metropolitan and nine regional centres between 19 September ... |
| | | | ... issue, taking into consideration a retiree's asset base and age. The rule comes as ASFA releases its updated retirement standards for the quarter, which shows a single person aged around 65 needs to spend $27,913 to achieve a modest lifestyle. For a ... |
| | | | ... found the auditors to be deficient across a range of their responsibilities, including meeting independence and auditing standards. Alan Bentwitch of New South Wales was disqualified for failing to have peer reviews of three of his audits, a condition ... |
| | | | ... industry in 2019. Stoker responded by asking how many new advisers sat the June 2019 FASEA exam. "None. No advisers," FASEA standards director Amelia Constantinidis, who also appeared, said. "That's correct. Zero new advisers sat the exam," Stoker responded. ... |
| | | | ... and retirement health checks. "This is particularly important in a post-Royal Commission world, where higher education standards for advisers are being introduced this year," Farrar said. "All our members will benefit from this increased availability ... |
| | | | ... requirements. IOOF chief executive Renato Mota said the conditions align with the group's plan to establish higher standards of governance. "As we accelerate our focus on governance, together with the proposed acquisition of ANZ's P&I business ... |
| | | | ... The company flagged a range of industry-wide impacts for affecting it's adviser business, including meeting FASEA standards, additional governance and compliance requirements and changed to fee arrangements. "Maintaining positive inflows with the ... |
| | | | ... The Association of Financial Advisers (AFA) has called for more clarification and key changes on the Financial Adviser Standards and Ethics Authority code of the ethics. FASEA released its first guidance on the code, which will come into effect next ... |
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