FASEA Standards Newsletter (JUNE 2021 Edition)

In our JUNE 2021 Edition of our FASEA Standards Newsletter, we discuss: “Decision making is the most powerful cognitive tool we possess.  Developing a ‘personal decision making framework (DMF)’ is crucial to achieving the outcomes you want, quality of life, fulfillment, happiness, and success (as defined by you).  A personal DMF directly influences your ideal balance …

FASEA Standards Newsletter (JUNE 2021 Edition) Read More »

3 Life Lessons I Learned from my Near-Death Experience on the Mighty Zambezi River

(Download Article as PDF) There are some moments in life that remain etched in your memory.  Unforgettable moments because they were so funny, traumatic, shocking, surprising, inspiring, or downright weird.  In the financial advice game, it must be pivotal moments such as the introduction of PS146 training requirements (which later became RG146 in 2004); the …

3 Life Lessons I Learned from my Near-Death Experience on the Mighty Zambezi River Read More »

SAFAA 2021 Hybrid Conference (May 2021)

The Stockbrokers and Financial Advisers Association Conference is fast approaching (Sydney, 20-21 May), & EARLY BIRD REGISTRATIONS close on 1st May. I’ll be moderating the VIRTUAL Session “NAVIGATING THE PROFESSIONAL YEAR”. You can find the direct link to Conference Information at https://lnkd.in/g77CYU2 The questions I always get asked by Licensees about the PY are: * What’s involved in …

SAFAA 2021 Hybrid Conference (May 2021) Read More »

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” ConsultationOf 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 …

FASEA Standards Newsletter (APRIL 2021 Edition) Read More »

Minister defends controversial ethics test for stockbrokers (artcile in TheAge)

Financial Plannig industry consultant Joel Ronchi has been running training programs for stockbrokers over the past few months after hearing that fail rates of between 50 and 60 per cent were commonplace among top firms. “The exam is very broad where brokers’ focus is very narrow traditionally. They’re being asked to consider a whole range …

Minister defends controversial ethics test for stockbrokers (artcile in TheAge) Read More »

FASEA exam tips, the professional year and why financial advisers will see a pay increase (RISE PPL)

FASEA can be seen as a bit of ‘white noise’ to Paraplanners but in this episode, we talk bigger picture on the long term impact of the new regulations within the financial advice industry. The FASEA Standards will see a lot of movement both from exiting advisers and new entrants to the industry which will …

FASEA exam tips, the professional year and why financial advisers will see a pay increase (RISE PPL) Read More »

Advice documentation a major exam problem area

Knowledge on advice documentation has been the biggest recurring problem area with the Financial Adviser Standards and Ethics Authority (FASEA) exam.  In the last four exams, advisers had difficulties demonstrating knowledge of the components of key advice documentation that was provided to the client. Joel Ronchi, myIntegrity in Practice principal consultant, said advisers might not …

Advice documentation a major exam problem area Read More »