FASEA

Financial planning

Central message to ASIC: Give us regulatory consistency

Regulatory consistency represents one of the keys to financial advisers being able to deliver affordable advice according to key submissions filed with the Australian Sec...

Financial planning

FASEA left way open for further code adjustments

The Financial Adviser Standards and Ethics Authority has signaled to a Parliamentary Committee that further adjustments to the adviser code of ethics was possible beyond ...

Policy & Regulation

FASEA denies any deliberate misleading on code consultation

The Financial Adviser Standards and Ethics Authority has denied its chief executive, Stephen Glenfield, deliberately misled a Parliamentary Committee about the public ava...

Financial planning

FASEA approves two degrees

Two degrees have been approved by the Financial Adviser Standards and Ethics Authority to meet its education standards. ...

Financial planning

76% pass rate for November FASEA exam

The Financial Adviser Standards and Ethics Authority November adviser exam has seen more than three-quarters of advisers pass. ...

Policy & Regulation

Your levies at work – how ASIC funds consumer submissions

The Australian Securities and Investments Commission has confirmed that its industry funding model is helping underwrite the cost of consumer submissions such as those us...

Policy & Regulation

Accountants urge extra funding for ASIC post-FASEA

Both the Australian Securities and Investments Commission and the Treasury will need adequate funding and resourcing to handle their new regulatory roles following the cl...

Financial planning

FASEA not the final battle

Although the removal of the Financial Adviser Standards and Ethics Authority is a huge victory for many in the industry who spent the last few years fighting for reform, ...

Financial planning

FASEA gone but the exam and degree regime continues

The Financial Adviser Standards and Ethics Authority may be gone but its exam timetable will continue and so will the requirement for financial advisers to become degree ...

Financial planning

How the industry united to rid itself of FASEA

Mike Taylor writes that few people genuinely argued with the objectives set out for the Financial Adviser Standards and Ethics Authority but they did argue with the autho...

Financial planning

FASEA scrapped and will be rolled into Treasury

The Government has scrapped the Financial Adviser Standards and Ethics Authority with its standards making functions rolled into Treasury while remaining elements are han...

Financial planning

FPA wants single point of registration for financial tax advisers

The Financial Planning Association is pointing to the proposed Single Disciplinary Body as the answer for delivering greater regulatory simplicity for financial tax advis...

Financial planning

FASEA reveals October exam underperformance areas

Financial advice regulatory and legal requirements, and applied ethical and professional reasoning and communication, were the two biggest problem areas in the October ex...

Financial planning

76% pass October FASEA exam

Almost 50% of advisers on ASIC’s Financial Adviser Register have passed the exam, with the average pass rate now at 83%. ...

Policy & Regulation

ASIC's consumer panel also key to FOFA opt-in submission

Members of the Australian Securities and Investments Commission’s Consumer Advisory Panel played a role in developing a key consumer Future of Financial Advice submission...