FASEA slammed for not recognising previous study
FASEA slammed for not recognising previous study
The acting chief executive and general manager of AFA has taken aim at FASEA during a Senate economics hearing on Friday.
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Phil Anderson said while the association welcomes the winding down of FASEA at the end of the year, it still has “more work” to do, including a review of the FASEA Code of Ethics.
“It is our view that there is still room for sensible changes to some of the FASEA standards, including better recognition of the prior study,” Mr Anderson said.
When pressed on the matter by senator Rex Patrick, Mr Anderson said advisers are not getting credit for their work.
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The Financial Adviser Standards and Ethics Authority (FASEA) has opened consultation regarding the three-month registration requirement for the November exam.
Consultation for the
The relief would allow all candidates who had been unsuccessful at any prior sitting to sit the November exam.
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