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|... government. Kewin's tireless and ongoing engagement with stakeholders has been instrumental in gaining extensions to the FASEA exam and degree equivalent requirements, he said. "Similarly, he facilitated our collaboration with the Financial Planning ...|
|The latest Financial Adviser Standards and Ethics Authority (FASEA) exam had the lowest pass rate yet. A total of 1079 advisers sat the exam, compared to an average of 1323 across all exams. Only 73% of those that sat the January exam passed. The overall ...|
|The Financial Adviser Standards and Ethics Authority (FASEA) has issued a reminder to financial advisers that their time to sit and pass the exam is ticking by. There are just five exam sittings remaining for existing advisers to pass the exam. After ...|
|... for the future of advice practices. Ryan's first tip is investment in adviser capability and training. He referred to the FASEA Code of Ethics and subsequent exam. "The feedback we are getting is that it has been refreshing for advisers. They don't want ...|
|... professional year, which many small practices cannot afford to finance. With almost half of the ASIC FAR yet to complete the FASEA exam, and the deadline to do so fast approaching, Gordon says he will be watching the number of exam enrolments for an ...|
|Life insurer TAL has launched another round of its FASEA exam masterclass, which aims to prep financial advisers for the exam. The masterclass, run through TAL Risk Academy, has proven very popular with TAL noting it is one of the most attended courses ...|
|... licensees. "The guidance could be updated to be more current more practical and particularly incorporating things such as FASEA obligations," she said. What makes advisers and licensees cautious, she said, is that scaled advice is open to interpretation ...|
|With the window to complete the FASEA exam narrowing, financial advisers are being urged to maximise the number of attempts they make. In correspondence with the Association of Independently Owned Financial Professionals (AIOFP), FASEA chief executive ...|
|FASEA has released exam results from the ninth Financial Advisers Exam held in November 2020, all financial advisers in Australia have until January 2022 to complete the exam. Just 11,241 advisers have passed the FASEA exams held to date - representing ...|
|... thinks, looking forward to 2021, that the industry will continue to shrink - but not at the same rate, as the pressure to meet FASEA education requirements lifts moderately. Association of Financial Advisers general manager, policy and professionalism ...|
The Australian Taxation Office yesterday couldn't answer exactly how many stapling-triggered employer checks it expects, but maintained its readiness for a July 1 go-live.
The asset manager is partnering with a start-up to build a new platform for institutional investors to trade digital currencies.
Australia's largest superannuation fund is taking issue with the proposed stapling regulations, arguing that the model is backwards and will not protect members from being stuck in dud funds.
The prudential regulator has commenced industry consultation on revisions to the prudential standards for life insurers to protect life insurance policy holders against the use of offshore reinsurers.
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