FASEA – The Inside Adviser

Like Melbourne weather, adviser education standards change again

February 20, 2025 by Drew Meredith

Not happy with the government’s settings on adviser education standards? Well, wait five minutes and they’ll change. Is the latest change a return to the bad old days, or simply common sense prevailing?

Adviser numbers swell as Professional Year candidates come through

May 15, 2023 by Tahn Sharpe

“The worst case scenario is that things have definitely stabilised,” Wealth Data’s Colin Williams tells The Inside Adviser. “Best case scenario is that we’re seeing some growth.”

Experience pathway to perpetuate poor advice industry image: FPA

October 13, 2022 by Tahn Sharpe

Implementing the current proposal for ‘experienced’ advisers to skip the relevant degree mandate will do far more harm than good, the association argues, with both current and future advisers turned off by the plan.

Another step forward for the simplification of advice regulation

June 28, 2021 by The Inside Adviser

The Federal Government has quietly passed several previously flagged changes to the financial advice industry. The majority appear to be a positive step in the face of what is a...

The end is nigh for the SOA as we know it

April 26, 2021 by The Inside Adviser

As highlighted in our article recently covering the formation of the 'single disciplinary body' to govern and regulate individual financial advisers, the landscape continues to evolve on a near daily...

New regulatory framework taking shape for advisers

April 22, 2021 by The Inside Adviser

April may well be remembered as the beginning of the next phase of financial advice in Australia. While the establishment of FASEA may have had far reaching implications, a triumvirate...

Advice regulator on the front foot to begin 2021

March 15, 2021 by Staff Writer

The financial services regulator ASIC has ramped-up its legislative activity in 2021, following a 2020 dominated by pandemic support and leniency. Commenting to media in recent weeks, ASIC's deputy chair...

Three business ‘upgrades’ for advisers in 2021

March 9, 2021 by Drew Meredith

Despite hope that the vaccines would see a return to normal life in 2021, it appears we will live through at least another 12 months of uncertainty. Few people, outside...

Affordable advice review offers an opportunity for change

January 21, 2021 by The Inside Adviser

Financial advice industry bodies including the SMSF Association (SMSFA), Association of Financial Advisers (AFA), and Financial Planning Association (FPA) have jumped on ASIC's Affordable Advice review to call for an...

Adviser losses not reflective of industry progress

January 18, 2021 by The Inside Adviser

The beginning of 2020 has been dominated by headlines of mass adviser departures from the industry, with the number of registered advisers having fallen to levels of five years ago....

Advisers regain control of their future

December 14, 2020 by Drew Meredith

To say the last few years have been testing for advisers would be a gross understatement. The reverberations of the Hayne Royal Commission, which highlighted important issues, though mainly those...

Annual opt-in confirmed, but more flexibility

December 9, 2020 by The Inside Adviser

It was a busy day for the Federal Government, announcing the proposal to disband FASEA, introduce lack of independence disclosure requirements and then finally, introduce a new fee disclosure regime....

TPB review highlights over-regulation of advisers

December 3, 2020 by The Inside Adviser

Whether it's due to the long delay on Parliamentary sittings or the realisation that financial advisers had become regulatory gymnasts, it seems the tide is starting to turn on financial...

Advice regulation evolving before our eyes

November 25, 2020 by The Inside Adviser

It's been a busy few years for the financial advice industry and its regulators, including the Australian Securities and Investments Commission (ASIC). Yet if the past week is anything to...