Entries by admin

FEE-FOR-ADVICE MAY BE HERE SOONER THAN YOU THINK

Enormous changes that would normally take 20 years to filter through any other industry are currently being crunched though the financial advice industry in a very condensed time frame. Older advisers are being hit the hardest and it is taking a toll.  But the pain is by no means over. Whilst passing the adviser exam […]

ARE YOU PLANNING FOR ADVISER INDEPENDENCE DAY?

OPINION ARTICLE Passing the adviser exam is critical to staying in the industry but it’s not the biggest challenge heading the way of licensees and self-employed financial advisers. How to structure advice services and remuneration into the future will be a challenge soon to be faced by commission dependent advisers.  And this is not only […]

FASEA ADVISER EXAM PREPARATION – FINDING LOGIC IN THE VOLUME

One of the most challenging aspects of preparing for this exam is to understand the volume of current law underpinning the provision of advice. However, a good working knowledge of the current rules is necessary for two reasons. Firstly, it is hard to understand the additional impacts of the new Code of Ethics with knowing the […]

FASEA EXAM INSIGHTS – WHAT YOU SHOULD KNOW!

#1 June Exam Wrap-up This is the first of a 6-part series of insights into the FASEA adviser exam. Some 600 advisers sat the first round of FASEA exams this month. Even though the specific content of future exams will continue to change across and within the next 8 sittings or so, there are some […]

FASEA ADVISER EXAM – THERE IS NO WAY AROUND IT

If you are an existing adviser, you have until the end of 2020 to pass the adviser exam. I have had a few advisers ask me this same question lately: “Can I dodge the exam and retain my business after 1 January 2021 by employing a financial adviser to service new and existing clients while […]