Legislation

Why the FASEA standards will be worth the disruption

Why the FASEA standards will be worth the disruption

On January 1 last year the financial advice industry entered a new era when the first of a set of new education, professional and ethical standards came into force.  Between […]

by February 20, 2020 0 comments Advisers, Legislation
Tinkering with adviser standards undermines the profession

Tinkering with adviser standards undermines the profession

The financial advice education, professional and ethical standards program overseen by the Financial Adviser Standards and Ethics Authority (FASEA) not have been universally popular, but it was the best thought-out […]

by October 14, 2019 0 comments Advisers, Legislation, Licensees, Profession
The advice gap: it’s real, it’s happening now, and it needs to be bridged

The advice gap: it’s real, it’s happening now, and it needs to be bridged

Financial advice in Australia has a poor reputation. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry caused trust in the sector to plummet, but even […]

by September 10, 2019 1 comment Accountants, Legislation, Profession
The carrot and stick of financial advice ethics

The carrot and stick of financial advice ethics

The biggest changes financial advisers face in the next few years don’t stem from new education standards or the industry-wide exam and are not due to the introduction of new […]

by August 27, 2019 1 comment Legislation, Profession