News : Financial Planning

Education, Financial Planning

FASEA finalises foreign qualifications process

Advice providers with foreign qualifications have been given certainty on how their training will be assessed by FASEA, which will consider key knowledge areas and regulatory and legal obligations.

read more
Financial Planning

Family and friends remain trusted advisers

Around 6 million domestic consumers seek advice about money and investments from family and friends rather than professional financial planners, while 3.5 million Australians are asked for financial advice, according to Roy Morgan.

read more
Accounting, Education, Financial Planning

FASEA confirms relevant degree standards

The Financial Adviser Standards and Ethics Authority (FASEA) has registered the legislative instrument for relevant provider degrees, qualifications and courses.

read more
Education, Financial Planning

FASEA issues final CPD instrument

Financial advisers will need to complete 40 hours of continuing professional development (CPD) each year, of which 70 per cent will need to be approved by the licensee, including four hours of professional reading, according to the education standards authority.

read more
Education, Financial Planning

FASEA delivers professional year titles

The Financial Adviser Standards and Ethics Authority (FASEA) has determined financial advisers undertaking work and training requirements as part of their professional year will be known as “provisional financial planners” or “provisional financial advisers”.

read more
Education, Financial Planning

FASEA confirms relevant provider terms

The Financial Adviser Standards and Ethics Authority (FASEA) has determined the final expressions to be used for a provisional relevant provider are “provisional financial adviser” or “provisional financial planner”, which can be used interchangeably.

read more
Accounting, Education, Financial Planning

Advisers cop steep exam fee

The Financial Adviser Standards and Ethics Authority (FASEA) has released its examination legislative instrument for financial advisers, including how much it will cost for an individual to sit the professional exam.

read more
Education, Financial Planning

SMSFA pushes for greater CPD integrity

The SMSF Association has called on the Financial Adviser Standards and Ethics Authority (FASEA) to revise its policy regarding the approval of continuing professional development (CPD) requirements in order to improve the integrity of the process.

read more
Financial Planning, Investments, Portfolio Construction

Planners gloomy on domestic equities

A new report has highlighted the growing challenges financial planners are facing in relation to investment selection, with advisers becoming increasingly bearish in their outlook for domestic equities.

read more
Financial Planning, Regulation

AFCA probing systemic issues, serious breaches

The Australian Financial Complaints Authority (AFCA) is currently investigating 84 definite systemic issues and four potential serious contraventions and other breaches, with complaint rates skyrocketing in the body’s first month of operation.

read more

Copyright © SMS Magazine 2019

ABN 43 564 725 109

Benchmark Media

Site design Red Cloud Digital