Moves to extend the time frame for advisers to complete the FASEA exam remain caught up in parliament due to further amendments to an enabling bill.

FASEA has approved additional coursework, previously offered by a major university, as meeting its education standards

The FASEA exam does little to prove the competency of advisers and they should boycott it, according to an adviser representative group.

Financial advisers shied away from the first online sitting of the FASEA exam, but registrations for the second iteration are building strongly.

An adviser representative group has condemned the government’s decision to delay the FASEA extension bill until August as a failure to act in the interests of those most affected

The AFA is examining alternative methods to secure an extension to the FASEA exam timetable as legislation that would introduce the change appears to have stalled due to a late amendment.

Referral arrangements between financial planners and other service providers that include a fee will be reviewed by the Financial Adviser Standards and Ethics Authority as to their treatment under the industry’s code of ethics.