EXAM

Financial planning

Adviser struggles included three of the Standards, ethical obligations, understanding client best interests, and understanding the difference between types of advice....

Financial planning

The August exam saw 65% of re-sitters pass, compared to the average of 54%, and 10,000 overall have now completed the exam. ...

Financial planning

Although it costs over $200 to apply for a re-mark for a failed FASEA exam attempt, it is possible for it to succeed....

Financial planning

Advisers are underperforming in three areas in the exam: financial advice regulatory and legal requirements, financial advice construction, and applied ethical and profes...

Financial planning

The June exam saw more candidates passing the exam and over 1,800 more candidates sitting the exam compared to April....

Financial planning

FASEA will only provide remote proctoring to Melbourne attendees of the August exam due to COVID-19 restrictions, but regional Victoria will continue with physical exams....

Financial planning

The Government has managed to secure the passage of the Financial Adviser Standards and Ethics Authority exam extension legislation....

Financial planning

Adviser morale and advice business valuations are taking a hammering as uncertainty continues to surround extending the Financial Adviser Standards and Ethics Authority e...

Financial planning

The prospect of yet another Parliamentary argument around legislative amendments has again thrown passage of the Government’s extension of the Financial Adviser Standards...

Financial planning

Adviser group, the United Financial Advisers Association has called for the boycotting of the FASEA exam until a better alternative if found. ...

Financial planning

Another drop in the pass rate for the FASEA exam has shown the industry is going to struggle to give affordable advice to Australians unless it can bring in more talent....

Financial planning

Registered candidates have the option to sit the exam online or to defer the exam for a later sitting as the authority recognises the challenges presented by COVID-19....

Financial planning

The Financial Adviser Standards and Ethics Authority had opted for a remote approach for the next meeting of its so-called ‘Contributors Forum’ well ahead of its announce...

Financial planning

The April exam will continue as planned, but FASEA will advise candidates if a decision by ACER or the government means they have to change....

Features

The industry has now had four rounds of FASEA exams, but Chris Dastoor writes advisers – particularly those who have passed – are still as confused and unhappy about the ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

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

5 months 2 weeks ago

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

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

6 days 16 hours 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...

3 weeks ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 4 days ago