Announcements

MEDIA RELEASE 16 November 2018 FASEA releases Standards Blueprint   The Financial Adviser Standards and Ethics Authority (FASEA) has today released details of its revised standards framework for financial advisers following stakeholder consultation. Approximately 800 submissions were received during the consultation process. FASEA has taken time to listen, analyse and ...

MEDIA RELEASE 29 November 2018 FASEA releases Foreign Qualifications Policy for consultation   FASEA has today released its policy on Foreign Qualifications for consultation. The policy was informed from consultation received through 12 submissions and various stakeholder forums during FASEA’s consultation process for this standard in July and August 2018. ...

MEDIA RELEASE 22 November 2018 FASEA releases Continuing Professional Development Legislative Instrument   FASEA has today released its legislative instrument on continuing professional development (CPD) for consultation. The legislative instrument was informed from consultation received through 35 submissions during FASEA’s consultation process for this standard in July and August 2018. ...

MEDIA RELEASE 21 November 2018 FASEA releases Code of Ethics Legislative Instrument   FASEA has today released its legislative instrument for the Code of Ethics standard for consultation. The legislative instrument was informed from consultation received through 37 formal submissions during FASEA’s consultation process for this standard from March to ...

MEDIA RELEASE 20 November 2018 FASEA releases Relevant Providers Degrees, Qualifications and Courses Standard Legislative Instrument   FASEA has today released the legislative instrument for its Relevant Providers Degrees, Qualifications and Courses Standard for consultation. The legislative instrument was informed from consultation received through approximately 150 formal submissions during FASEA’s ...

MEDIA RELEASE 16 November 2018 FASEA releases Provisional Relevant Provider Expression Legislative Instrument   FASEA has today released its legislative instrument for the provisional relevant provider term for consultation. The term has been developed for consumers to identify a provisional relevant provider undergoing their work and training (professional year) requirement ...

MEDIA RELEASE 16 November 2018 FASEA releases Work and Training (Professional Year) Legislative Instrument   FASEA has today released its legislative instrument for work and training (professional year) standard for consultation. The legislative instrument was informed from consultation received through 24 formal submissions during FASEA’s consultation process for this standard ...

Guidance Note – Approved Courses and Programs Following a number of queries from market participants, FASEA has obtained confirmation from several education providers that they recently released materials that incorrectly indicated they had FASEA approved courses and programs.  This documentation has been recalled and those in direct receipt of this information have been ...

Transition to New CEO   The Standards Authority welcomes Dr Mark Brimble extending his tenure as interim managing director until 1 September, allowing a smoother transition to the commencement of new FASEA Chief Executive Stephen Glenfield. Mr Glenfield has confirmed his start date of late August in the new role.

Clarification: Foreign Qualification assessment process – incorporating the NOOSR move to Department of Education   The Standards Authority clarifies that under its current draft guidance for Foreign Qualification assessment, individuals with qualifications gained outside Australia will need to obtain an assessment from the Department of Education and Training (DET). This ...

The Standards Authority conducted three consultation forums with key stakeholders in July 2018. The events included licensees, educators and industry associations to canvass a wide range of views around the range of draft standards that FASEA has recently released for consultation. The series of forums asked for stakeholder feedback around ...

FASEA releases draft Foreign Qualifications guidance   The Standards Authority is today releasing draft guidance around education pathways for new and existing financial advisers with Foreign Qualifications. The guidance outlines the proposed process for those with educational qualifications obtained outside Australia to get these qualifications approved by the Standards Authority ...