Aussie government scraps adviser standards and ethics authority
The treasury and financial regulator will take on its functions
FASEA
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Relief for Aussie advisers as exam deadline finally extended
The bill was rejected twice but passed at third sitting
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Uncertainty looms over Aussie advisers exam extension
Senate deadlock could mean bill is unlikely to pass parliament
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Call to boycott Australian financial adviser exam
Calls for ‘practical alternative that is both honest, transparent and filled with integrity’
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Australian advisers call for exam extension
As they turn to country’s Labor party for support
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Over 60% of Aussie advisers could retire in 2020
Industry has already experienced an exodus during 2019
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PEOPLE MOVES: Singlife, Deutsche Bank WM, UBS
Deputy CEO hired at Singapore insurer, as German wealth manager targets UK family office growth
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Aussie government extends qualification deadline for advisers
To ‘assist working parents, including those taking parental leave during the transition period’
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Australian ethics authority unveils examination review
It welcomes feedback on the final phase of development of its ‘Relevant Provider Examination standard’
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Australia faces IFA exodus if industry forced to upskill
Potentially hundreds of senior Australian financial advisers could leave the industry if they are forced by the government to upskill, according to the country’s Stockbrokers and Financial Advisers Association (Safaa).
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PEOPLE MOVES: RSM UK, Stonehage Fleming, FASEA
RSM UK promotes to fill chief operating officer role, Stonehage Fleming appoints a director to its Jersey office and an Australia adviser standards agency has named an acting managing director.
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PEOPLE MOVES: Liontrust, Kames Capital, Legal & General
Liontrust has been unveiled as the new home for two Kames Capital’s fixed income managers, with their alma mater wasting little time in announcing their replacements. Meanwhile, a former OMGI fund manager has reappeared at Legal & General Investment Management.