FASEA welcomes reappointment of directors

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The Financial Adviser Standards and Ethics Authority (FASEA) notes the Government’s reappointment of Professor Mark Brimble and Dr. Simon Longstaff AO as part-time directors of FASEA for a further three-year period commencing from 11 April 2020. On behalf of the FASEA board, Chair Catherine Walter welcomed the reappointment of Mark and Simon and acknowledged the

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Guidance on CPD compliance arising from COVID-19 business disruption

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FASEA recognises the challenges presented by COVID-19. Importantly FASEA understands that delivery of face to face CPD offerings may be difficult. FASEA encourages Licensees to take a supportive approach to compliance in these extraordinary circumstances. FASEA understands that effective solutions are being offered by Licensee CPD programs that contain online learning as part of a

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Adviser Exam Sittings: FASEA to cancel face to face April Exam and substitute with remote online options

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The Financial Adviser Standards and Ethics Authority (FASEA) understands and appreciates the unprecedented nature of the COVID-19 global pandemic and its evolving impact in Australia on the business as usual routine of financial advisers. FASEA recognises the challenges presented by COVID-19 on the delivery of face to face exams.  FASEA advises that the April 2020

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FASEA approves additional Recognition of Prior Learning and Bridging courses

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Recognition of Prior Learning – AFA and SAFAA The Standards Authority has approved applications for the recognition of coursework to attain a professional designation from the Australian Financial Advisers (AFA) and Stockbrokers and Financial Advisers Association (SAFAA) as part of its education standards for financial advisers. Advisers who have completed coursework to attain the FChFP

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FASEA releases 2020 Legislative Instrument for Relevant Providers Degrees, Qualifications and Courses Standard

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FASEA has registered the 2020 Legislative Instrument and Explanatory Statement for its Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2020 on the Federal Register of Legislation. This new instrument expands the list of approved education programs and courses available to existing advisers and new entrants seeking to meet FASEA’s education standard.  The Determination

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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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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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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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FASEA releases September exam results

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FASEA has released exam results from the second Financial Adviser Exam held in September 2019. Result highlights include: the exam was held in 8 metropolitan and 7 regional centres across Australia from 19 September to 23 September 1697 advisers sat the exam the exam was subject to ACER’s comprehensive marking approach over 88 percent of

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