FASEA Standards Newsletter (SEPTEMBER 2021 Edition)

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

Money & Mindset

The 3 Pillars of Preparation

Over the last 2.5 years, I have helped well over 2,000 Financial Advisers, Stockbrokers, and Licensed Accountants prepare for the FASEA Exam.  The exam has been the toughest professional hurdle they have had to overcome.  A key for the success of many Advisers has been the 3 Pillars of Preparation:

1. Knowledge – know the core content; not as an expert, but enough to apply in scenarios
2. Practice – continue to practice exam questions so you “stay in the zone”
3. Mindset – contrtol, persistance, & focus; know what is within your control & what is not

Preparing for the exam has reinforced for many Advisers just how much they actually know, and the value they create for their clients.

Industry Insights

Professional Practice: How “no zero days” can change your Practice

4 rules to change your outlook on productivity
On the internet, every so often, you stumble across a gem, submitted by an anonymous stranger that has the answers to every question you asked ..

Regulator Insights:     ASIC builds “Financial Adviser Hub”

Would you like greater clarity on legs. & regs.?

ASIC has announced the creation of a financial adviser hub on its page to increase regulatory certainty in the industry…. 

 
 

Based on the results from the July 2021 sitting

Over 16,030 advisers have passed the adviser exams since 2019. Over 18,140 advisers have sat the exam with around 90% demonstrating the skills to apply their knowledge of advice construction, ethics and legal requirements to practical scenarios.