Insurance News

A Treasury Laws Amendment Bill that was expected to have passed last week, giving financial advisers a one-year extension to complete a new exam requirement, has been delayed to June 10 when parliament resumes. The Association of Financial Advisers (AFA) is frustrated over the delay, which was triggered after the ALP decided to include an […]

Money Management

By stalling the Financial Adviser Standards and Ethics Authority (FASEA) exam extension, politicians are displaying their inability to put consumers and the wellbeing of the financial advisory sector ahead of political gamesmanship, according to United Financial Advisers Association (UFAA). The UFAA’s chair, Alex Vagliveiello, said the failure to pass the extension reaffirmed the gulf that […]

IFA

An industry body has blasted both sides of Parliament for being out of touch with the concerns of advisers and their clients after failing to pass the FASEA extension bill last week. In a statement released on Monday, United Financial Advisers Association chairman Alex Vagliviello said the inability of the Coalition and Labor to put […]