Editorial

Why are advisers paying more for the same exam?

Advisers who sit the financial adviser exam under the corporate watchdog will pay almost 60% more than advisers sitting the exam under the current regime and transparency...

Editorial

Is the Government’s inquiry into capital concentration a result of their own doing?

While the Government has called the inquiry “urgent”, what is perhaps more urgent is handling the advice industry given droves of advisers are leaving the industry due to...

Editorial

Govt needs to explain YFYS performance test nuances to members

The ‘pass’ or ‘fail’ mark of a superannuation fund can be construed as a rubber stamp of approval or disapproval from the Government so it is on them, along with super fu...

Editorial

Transparency needed on ASIC unmet needs project

The decision to withhold submissions from its consultation into affordable advice is a contrary move by the corporate regulator when the advice industry has funded the $3...

Editorial

Bodies behind exorbitant advice costs need to be held accountable

Compliance and regulation have been touted as the biggest reasons for the increase in advice costs and the Government needs to hold the bodies responsible accountable for...

Editorial

What was ASIC’s focus on fee-for-no-service all for?

The corporate watchdog has dropped the pursuit of criminal charges relating to AMP Financial Planning’s alleged fee-for-no-service, raising questions on why it was made s...

Editorial

Remaining within the Royal Commission standards’ scope

Any further requirements by the Government for the financial advice sector to lift standards could lead to advisers and potential graduate entrants moving the occupation ...

Editorial

FASEA exam extension a sensible move by Govt

While the extension provides some leeway for advisers who have not passed the Financial Adviser Standards and Ethics Authority exam this year, clarity is needed on whethe...

Editorial

FASEA needs to provide clarity on 'alternate' pathway confusion

With so much at stake the Financial Adviser Standards and Ethics Authority needs to provide proper clarity on pathways for advisers who do not pass the exam this year....

Editorial

Time to end the legacy that is FASEA’s Standard 3

As the Government winds up the Financial Adviser Standards and Ethics Authority it must also fix the code of ethics. ...

Editorial

Successive Govts, not advisers, to blame for advice policy shambles

Thousands of low-balance, high maintenance clients are being orphaned in the wash-up of what is emerging as significant failure by successive governments to understand th...

Editorial

Time for administrative flexibility around FASEA exam

An acceleration in the exit rate of financial advisers is guaranteed as the Financial Adviser Standards and Ethics Authority exam process comes to a close which is a good...