FASEA embraced remote meeting ahead of exam decision
Prior to announcing the cancellation of the face-to-face adviser exam sittings, the Financial Adviser Standards and Ethics Authority (FASEA) opted for a remote meeting of its so-called “Contributors Forum” involving the major banks.
Money Management had been told that FASEA had decided to hold the upcoming 26 March meeting utilising web meeting application ZOOM.
It is understood that the ‘Contributors Forum’ involves around 16 people.
A number of the banks have imposed policies which discourage personnel from attending face-to-face meetings.
Recommended for you
The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients.
Having sold Madison to Infocus earlier this year, Clime has now set up a new financial advice licensee with eight advisers.
With licensees such as Insignia looking to AI for advice efficiencies, they are being urged to write clear AI policies as soon as possible to prevent a “Wild West” of providers being used by their practices.
Iress has revealed the number of clients per adviser that top advice firms serve, as well as how many client meetings they conduct each week.
