FASEA releases December exam results

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FASEA has released exam results from the third Financial Advisers Exam held in December 2019. Result highlights include: the exam was held in 8 metropolitan and 11 regional centres across Australia from 5 December to 11 December 2981 advisers sat the exam the exam was subject to ACER’s comprehensive marking approach over 86 percent of […]

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FPA comments on stamping fee exemption for LICs and LITs

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The Financial Planning Association (FPA) welcomes the opportunity to consult with Treasury on the merits of the current stamping fee exemption in relation to listed investment entities and continues to support the removal of non-client directed fees in all financial advice services. In 2009, the FPA launched the FPA Code of Professional Practice and the […]

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Financial advice gap adds to retirees’ retirement stress 

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A key issue confronting an ageing Australian population is the level of unmet financial advice that is making it harder for people to plan their retirement and then execute those plans with a degree of confidence. SMSF Association CEO John Maroney, in an address to a Sydney event by the financial services communications consultancy Pritchitt Partners, says: […]

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Four workshops on the agenda for 2020 National Conference

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Delegates attending the SMSF Association National Conference on the Gold Coast from 19-21 February will have a choice of four workshops to attend over the two-and-half day event. The workshops have proved very popular with delegates at past conferences, and this year the issues of death benefit planning, ageing clients, the sole purpose test and […]

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Update from FASEA on the Financial Adviser Exam

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FASEA continues to work closely with ACER to ensure exam processes are streamlined, accessible and effective and exam sitting opportunities are optimised. Remote access to the FASEA exam FASEA announces the launch of its remote proctoring solution.  The remote proctoring solution will be available for the February exam and all subsequent exams. For information on […]

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FASEA welcomes new director

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The Financial Adviser Standards and Ethics Authority (FASEA) notes the Government’s announcement of the appointment of Will Hamilton to the Board effective 9 December 2019. On behalf of the FASEA Board, Chair Catherine Walter AM welcomes the appointment of Will and looks forward to the opportunity to work with him and draw on his expertise in continuing […]

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ASIC releases report on financial advice provided by superannuation funds

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ASIC has released Report 639 Financial advice by superannuation funds. This report examines the ways in which superannuation funds help members obtain financial advice and the quality of personal advice obtained through the funds. In conducting the work, ASIC surveyed 25 superannuation funds about how they help members obtain financial advice (survey) and reviewed a sample […]

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FASEA releases draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument

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FASEA has released draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument (the 2019 determination) and Explanatory Statement for consultation. The draft 2019 determination includes all bachelor degrees, Graduate Diplomas and Bridging Courses approved by FASEA since the 2018 determination was registered. It also includes FASEA approved recognition of prior learning (RPL) for […]

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Outstanding financial planners recognised at 2019 FPA Congress

The Financial Planning Association of Australia (FPA) announced the winners of the 2019 FPA Awards, Gwen Fletcher Memorial Award, and FPEC Research Grant Award at the Future2 Celebration held during the FPA Professionals Congress in Melbourne this evening. Now in its seventh year, the FPA Awards recognise the achievements of outstanding financial planners, paraplanners, students and […]

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FPA releases Evolution of Advice discussion paper

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The Financial Planning Association of Australia (FPA) has released a new discussion paper titled Evolution of Advice: The Financial Planning Profession from 2020 to 2025, and opened consultation on its proposed new policy platform. The paper considers the major issues that will affect the profession over the next five years, including the affordability of advice, […]

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