Opinions Archive - No More Practice Education

21 April, 2021

Alex Burke, Senior Writer, No More Practice Education

Government finally outlines its post-FASEA agenda

Consultation is now open on a range of major advice reforms, including ASIC taking over FASEA's duties and reshuffling the review of the Life Insurance ....

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21 April, 2021

Alex Burke, Senior Writer, No More Practice Education

Treasury takes over ASIC's life insurance work

ASIC will no longer be responsible for determining the success of the Life Insurance Framework, according to comments from Senator Jane Hume.

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14 April, 2021

Alex Burke, Senior Writer, No More Practice Education

Escaping the minefield of advice remediation

With new ASIC consumer remediation guidelines on the way and laws following on from the Royal Commission kicking into gear in October this year, concerns h....

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14 April, 2021

Alex Burke, Senior Writer, No More Practice Education

First glimpse of ASIC's affordable advice review

While the regulator's affordable advice project appears to have been slowed down by significant volume of responses from advisers, change may just fina....

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13 April, 2021

Alex Burke, Senior Writer, No More Practice Education

How do you define your value as an adviser?

There are countless opinions about how advisers can (or should) position themselves in the marketplace. Evalesco directo....

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07 April, 2021

Alex Burke, Senior Writer, No More Practice Education

ASIC petitions Treasury for more funding

Despite the massively-increased costs levied to the advice industry recently, ASIC's deputy chair recently told a parlia....

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07 April, 2021

Alex Burke, Senior Writer, No More Practice Education

The danger zone between general and personal advice

A recent High Court decision highlights how blurred the lines between general and personal advice can be to consumers - and how costly it will be for ad....

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31 March, 2021

Alex Burke, Senior Writer, No More Practice Education

Advisers may pay the costs of FASEA's collapse

With many in the advice industry still reeling from the increased ASIC levy, there's talk that the dissolution of FASEA and associated costs could be pa....

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24 March, 2021

Alex Burke, Senior Writer, No More Practice Education

The ASIC levy is having a major impact on advice businesses

ASIC recently admitted there's a "horrible lag" in costs recovery which puts significant pressure on the "small end of town" - i.e., advice businesses. ....

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24 March, 2021

Alex Burke, Senior Writer, No More Practice Education

The FASEA code keeps tripping up advisers

The latest FASEA exam results raise the question of whether the Code of Ethics needs further clarification as it applies to real-world advice scenarios.....

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