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EXPERIENCE PATHWAY
Financial planning
The education provider has encouraged all financial advisers to avoid a “last-minute scramble” in meeting education requirements prior to the 31 December 2025 deadline....
Financial planning
Money Management examines how the experienced provider pathway has impacted the advice industry, one year since it was passed on 6 September 2023....
Financial planning
There is less than a week to go before ASIC commences a compliance program on 1 August to ensure licensees have correct FAR records, and enforcement action is possible if...
Financial planning
With the financial advisers register no longer distinguishing those who have used the experienced pathway to provide advice, how will this affect consumers and employers?...
Financial planning
ASIC has reminded AFSLs they have just three business days until obligations come into force to notify ASIC of an adviser accessing the experience pathway within 30 days,...
Financial planning
Compliance experts have warned there is potential for the experience pathway to be abused if licensees fail to check whether an individual has the necessary 10 years’ exp...
Financial planning
ASIC has issued information for AFS licensees clarifying what they need to do if their adviser wishes to access the experience pathway....
Financial planning
A clause in the experience pathway legislation passed yesterday could improve the prescriptive rules imposed on new entrants and translate to more flexibility in the cour...
Financial planning
The experience pathway’s passage through Parliament has been welcomed by the industry as a way to prevent further adviser exodus....
Financial planning
The experience pathway has passed in Parliament today, three months after being introduced....
Financial planning
Almost half of the advisers who have departed this year have been in the industry for less than 10 years while older advisers are pinning their hopes on the experience pa...
Financial planning
Professionalisation of the financial advice industry needs to be balanced with the adviser shortage, according to Minister for Financial Services, Stephen Jones, as he co...
Financial planning
The experience pathway could mean tens of millions of dollars in losses for education providers, according to government forecasts....
Financial planning
The government has clarified details on why a sunset clause is excluded from experience pathway legislation, introduced to the House of Representatives this week, despite...
Financial planning
Distinctions between “experienced” and “relevant” advice providers could lead to further confusion, according to The Advisers Association’s CEO, Neil Macdonald....
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Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....