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Search ResultsShowing 1 - 10 of 100+ results for "FASEA"
AFA, FPA share bleak view of industry
ELIZABETH MCARTHUR  |  TUESDAY, 30 JUN 2020
... the consumer," Perera said. Anderson pointed out that among the three main bodies that regulate financial advice - ASIC, FASEA and the Tax Practitioners Board - there is duplication in compliance requirements. The associations also faced questioning ...
Fintech acquires licensee
ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
... or in some cases nothing at all. "This is due to a number of reasons, but primarily the new education requirements from FASEA means they have to have a degree level qualification and many older advisors are just not willing or unable to spend another ...
FASEA provides CPD relief
ELIZABETH MCARTHUR  |  THURSDAY, 25 JUN 2020
Following requests from financial advisers, FASEA has provided relief from compliance with its continuous professional development (CPD) requirements. FASEA will now grant advisers an extra three months to meet its 40 hour CPD requirement. "FASEA recognises ...
FASEA schedules remaining 2020 exam dates
ALLY SELBY  |  FRIDAY, 19 JUN 2020
... FASEA's exam by 1 January 2022, while they will have to meet the education standards by 1 January 2026 to remain practicing. FASEA has scheduled the exam across 327 sessions during the three months, with advisers having the choice of either the online ...
FIIG calls for taxation, regulatory overhaul
ELIZA BAVIN  |  FRIDAY, 19 JUN 2020
... the core asset classes. FIIG suggested best practice asset allocation should be part of the ethical standards set out by FASEA. It argued that if an adviser is providing prudent advice they should be compelled to consider best practice asset allocation ...
FASEA extension passes
ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
The extension to the FASEA education requirements has passed. The Assistant Minister for Superannuation, Financial Services and Financial Technology Senator Jane Hume tweeted that her promise of an extension for financial advisers had been kept. Advisers ...
Senator remains firm on FASEA extension
ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
Senator Rex Patrick, whose amendment to Treasury Bill Number 3 meant that the FASEA extensions hit a snag, is not backing down. The senator defended his amendment in an email to a financial advice association. "I added a schedule to the bill. Despite ...
FPA accuses ASIC of price gauging
ELIZA BAVIN  |  MONDAY, 15 JUN 2020
... financial advisers are already under a great deal of pressure to meet new education requirements, await outcomes on the FASEA extension from an "unpredictable parliament" and overhaul their business models to meet regulatory requirements. "As small businesses ...
FASEA extension hits snag
ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The extensions that will allow financial advisers an extra year to complete the FASEA exam and two years to complete the FASEA education requirements was returned to the House of Representatives after an amendment was sought. Despite being introduced ...
Confusion over RG 146 requirements
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUN 2020
... association was getting queries from members who were unclear on whether they still had to do RG 146 CPD, now that the new FASEA CPD requirements are transitioning into effect. "Confusion has been rife as to when RG 146 CPD no longer needs to be recorded," ...
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