GRC Solutions partners with Stockbrokers and Financial Advisers Association

SAFAA/financial-planning/financial-planning-compliance/

image
image image
expand image

Following Kelly O’Dwyer’s announcement for the overhaul of conduct standards and competency requirements for advisers effective January 2019, the Stockbrokers and Financial Advisers Association (SAFAA) is partnering with specialist regtech firm, GRC Solutions, to assist it with the transition.

GRC Solutions would provide online courses to SAFAA members to assist with meeting new compulsory education requirements for new and existing advisers, supervision requirements, and preparation for the new industry-wide benchmark examination and code of ethics.

Practitioners who provided tax advice would also have courses specifically tailored to changed requirements.

SAFAA chief executive, Andrew Green, said the partnership would be a step up for the association to build on existing in-house training.

“This new e-learning partnership with GRC will provide members with access to courses that lifts the bar even higher,” he said.

Read more about:

AUTHOR

Recommended for you

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 3 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 6 days ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
3