July 14, 2021

Today, FASEA opened consultation for an amendment to its exam rules which would help advisers get their professional standards bona fides in order before 2022.

The new breach reporting and remediation rules aren’t just bewilderingly complex, requiring multiple layers of connected documents, legislation and even a Macquarie Dictionary to understand – they also appear to put individual advisers at a unique disadvantage. Let’s explore what they mean for you.