FASEA Standards Newsletter (APRIL 2021 Edition)

In the APRIL 2021 Edition of our FASEA Standards Newsletter, we discuss:

ASIC Updates:  More RoAs, less ‘turgid’ guides

ASIC’s “Affordable Advice” Consultation
Of the 469 submissions to ASIC, the large adviser cohort made a combined plea for the regulator to “talk directly to advisers, not just licensees, professional associations and lobbyists”.     

FASEA Standards:  FASEA Exam Tips, Professional Year & More

Also, why Financial Advisers Remuneration will rise
FASEA can be seen as a bit of ‘white noise’ to some but in this episode we talk bigger picture on the long term impact of the new regulations within the financial advice industry …  

FASEA Exam:  Advice documentation MAJOR exam PROBLEM

Surely everyone knows how to use FSGs, SOAs…
Knowledge on advice documentation has been the biggest recurring problem area with the FASEA exam.  In the last four exams, advisers had difficulties demonstrating knowledge of …  

Video:  FASEA Exam Preparation – Understanding the BASICS

Developing a PERSONAL EXAM STRATEGY is key
Some Advisers are looking at the outcome (pass exam), not the process involved to attain the outcome.  For many sitting the FASEA Exam, they are yet to fully embrace it. – preparation is fundamental 

Read the full FASEA Standards Newsletter (APRIL 2021 Edition)