Financial Adviser Standards and Ethics Authority (FASEA)

FASEA transition extension supported by professional bodies

The Government’s decision to extend two FASEA transition deadlines has been welcomed by professional bodies. Jane Hume, the Assistant Minister for Superannuation, Financial Services and Financial Technology, announced an extension for the transition to the Financial Adviser Standards and Ethics Authority (FASEA). Under the extension, advisers who were registered on… Read More »FASEA transition extension supported by professional bodies

SMSFA welcomes FASEA’s draft education pathway, wants more detail

The SMSF Association says proposed guidance from the Financial Adviser Standards and Ethics Authority (FASEA) on education pathways for financial advisers is a “crucial step forward”, but wants to see more detail. The FASEA this week released a draft Code of Ethics and Proposed Guidance on Education Pathways for All Advisers, for consultation.… Read More »SMSFA welcomes FASEA’s draft education pathway, wants more detail

FASEA proposed education qualifications a “critical first step”

The release of the Financial Adviser Standards and Ethics Authority’s (FASEA) education qualifications has been welcomed by the SMSF Association as a critical first step. The FASEA recently released its Existing Adviser Qualifications Pathway: Proposed Guidance, proposing that an AQF7 qualification (equivalent to a three year full-time university degree) or an AQF8 qualification (equivalent to… Read More »FASEA proposed education qualifications a “critical first step”