Education
Tax board confirms FASEA alignment
The tax practitioners board has acknowledged that accountants who provide financial advice will probably meet its CPD requirements if they satisfy FASEA’s higher standard.
Tahn SharpeJanuary 15, 2020
Education
Education
‘Woolly’ ethics guidance casts further doubt on referral fees
FASEA’s response to industry consultation – quietly released on December 20 – still leaves advisers wondering whether incentives to provide business referrals are banned or not.
Tahn SharpeJanuary 7, 2020
Education
Code ‘anxiety’ undermining professional status: Sanders
If the voices of all stakeholders - clients included - don't come together in a public conversation, the professionalisation of the advice industry will continue to be derailed, Deloitte partner and former FASEA CEO Deen Sanders, has explained.
Matthew SmithDecember 18, 2019
Education
Riskies and planners ‘two different animals’: Trapnell
Jamming insurance and financial planning together under FASEA’s education bracket will just water down the specialist area, the head of Synchron’s 500-strong network believes.
Tahn SharpeDecember 16, 2019
Education
12 month road-test likely for Code of Ethics
The authority’s CEO, Stephen Glenfield, said the current standards are “not set in stone" but he is keen to see them bedded down before requesting any legislative amendment.
Tahn SharpeNovember 28, 2019
Education
Code of Ethics oversight not an ASIC priority
FASEA’s Code of Ethics takes effect from January 1, but ASIC doesn’t have the inclination or the resources to check whether licensees are monitoring advisers.
Matthew SmithNovember 28, 2019
Education
ASIC reveals 5 code monitoring ‘steps’ for licensees
The regulator has released the ‘reasonable’ actions licensees will need to take in their interim ethics monitoring role, and highlighted the specific Standards it will take a "facilitative" approach to.
Tahn SharpeNovember 26, 2019
Education
FASEA faces heat at Sydney consultations
The authority’s CEO and board members have had a challenging week debating conflicts, referrals and remuneration with a slew of fired-up industry representatives.
Tahn SharpeNovember 14, 2019