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Showing 1 - 10 of 100+ results for "FASEA"

Experienced advisers in education limbo

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... executive director Peter Johnston is urging affected student members to "not commit to any additional studies to satisfy FASEA until after the election result". "However, if you are committing to additional studies to further your knowledge and expertise ...

ASIC sets adviser exam dates

KARREN VERGARA  |  WEDNESDAY, 9 MAR 2022
ASIC has set the final three sitting dates for the financial adviser exam in 2022. Following the first round of exams that took place in February, ASIC announced new sitting dates yesterday. Enrolments for the May sitting open on April 4 and close on ...

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... requirements will ensure high quality financial advice available to consumers - which will "achieve the intention of the FASEA reforms without micromanaging advisers, universities, students and businesses". The Labor Party's Stephen Jones, who also ...

FPA calls for stronger experience pathway

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... status at risk. Some 83% of FPA members have already met or are currently undertaking mandatory study set by the now-defunct FASEA. "These members have let us know in no uncertain terms that they feel the proposal undermines the commitment they have ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
... long and complex lists of 'gifted' financial planning degrees and rejecting those that could not be forced into the FASEA-constructed 'straight-jacket'. It recognises that a 'one-size-fits-all' approach to the financial advice ...

Shoddy exam feedback fuels adviser stress

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... in 2021. Advisers Financial Standard spoke to on the condition of anonymity said that they have not received the feedback FASEA has promised. At the start, FASEA provided no feedback to advisers who failed the exam whatsoever. It then provided generic ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... Authority is deferring the amendments to Standard 3 to ASIC because the industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You must not advise, refer or act in any other ...

February 2022 adviser exam dates released

KARREN VERGARA  |  MONDAY, 20 DEC 2021
As part of its new remit, ASIC has released the first round of examination dates for financial advisers in 2022. The first exam sittings of 2022 will be held on February 17, 18, 19 and 21. Enrolments for this sitting will be open from 10 January 2022 ...

Government backflips on adviser education

ELIZABETH MCARTHUR  |  FRIDAY, 17 DEC 2021
... requirements for existing financial advisers. This is a backflip on the Financial Adviser Standards and Ethics Authority (FASEA) education requirements which required all advisers - regardless of experience - to obtain an approved degree. After the passage ...

More advisers fail FASEA exam

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... underperformance include the topics of financial advice regulatory and legal obligations, and financial advice construction. FASEA said candidates who were unsuccessful in this exam will receive additional individual feedback to highlight the curriculum ...
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