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Showing 1 - 10 of 319 results for "FASEA"

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... ecosystem. It recognises that the current one-size-fits-all approach that the Financial Adviser Standards and Ethics Authority (FASEA) put in place is deterring new entrants - and that change is needed," she said. The adviser population peaked at nearly ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... sustainability of the sector more needs to be done to encourage more new advisers into the industry, saying "the legacy of FASEA looms large" and current pathways require more flexibility and need to better reflect the ways people typically enter the ...

Complii grows through MIntegrity acquisition

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... e-learning portal, a library of specialised e-learning modules designed to help financial services practitioners in line with FASEA requirements, delivered through Complii's existing CPD online management platform, ThinkCaddie. Complii chair Craig Mason ...

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... the employers who want to re-adopt the associate adviser role, which was popular prior to the Hayne Royal Commission and FASEA regulations. "We see this client shift as a response to increase capacity to absorb the referrals and new client demand as ...

Experience pathway could create two adviser tiers

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
... to use the experience pathway already have a bachelor's degree or higher only that they do not meet the restrictive FASEA requirements. "So, we made a decision that we would lobby for that not to be on the [ASIC] FAR. We don't want to create ...

Industry welcomes experience pathway consultation

CASSANDRA BALDINI  |  WEDNESDAY, 19 APR 2023
... was elected in May 2022, considering the minister's election commitment to introduce an experienced pathway. Further, the FASEA education regime, still in place, failed to approve or recognise the education qualifications of those in the stockbroking ...

Rating the rating houses: How much do advisers rely on fund research?

KARREN VERGARA  |  FRIDAY, 31 MAR 2023
... that were highly rated by research houses collapse such as Timbercorp, Westpoint, Basis Capital and Trio Capital," he said. FASEA Standard 5 and Standard 6 are front of mind when advisers make product recommendations. Standard 5 states that all advice ...

Bridges can meet advice affordability gap: Mota

KARREN VERGARA  |  FRIDAY, 24 FEB 2023
... self-employed channels showing a moderation in decline over recent periods. This was driven in part by the expiry of the FASEA exam deadline on 30 September 2022. Declines are consistent with slowing reductions across the industry," the directors' ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... retail superannuation fund trustees are able to employ "non-qualified persons" to give personal advice and not be held to FASEA standards or the best interests duty. "So, the government of the day paid a large sum of money to an organisation to write ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... remains the case now. The Code of Ethics, developed by the now dissolved Financial Adviser Standards and Ethics Authority (FASEA), remains a stone in the shoe for many advisers, Anderson said. Anderson said there is much about the Code that warrants ...
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