The major issues for SMSF professionals in the Quality of Advice Review
SMSF Adviser Podcast | 9 February 2022
Hosts Aaron and Miranda are joined by Bronny Speed, financial advice leader, Chartered Accountants ANZ; Tracey Scotchbrook, policy manager at the SMSF Association; Bryan Ashenden, head of financial literacy and advocacy, BT Financial Group, and Michael Davison, senior manager, advocacy and retirement policy, CPA Australia…
New FASEA course for accountants
Self Managed Super Magazine | 1 June 2021
Accountants will be able to brush up on unfamiliar course material in preparation for the Financial Adviser Standards and Ethics Authority (FASEA) exam with the guidance of a qualified accountant and adviser. Cram 4 Exam, operated by AccountantsIQ founding director Bronny Speed, will start offering courses next week pitched specifically at accountants and stockbrokers with…
Canning of FASEA to bring new prominence to ASIC
SMSF Adviser | 10 December 2020
With the government deciding to wind up FASEA and place ASIC in charge of “steering the future of financial advice”, the SMSF and accounting bodies are hopeful this will reduce the regulatory burden with advice and any unnecessary complexity.
Keeping Accountants Giving Advice - Webinar
AccountantsIQ | August 2020
The August 2020 AccountantsIQ webinar provided an update on the current landscape and important next steps, including:
- How can we keep accountants giving financial advice?
- What have we done in advocacy and where to from here with limited licensing and the accountants’ exemption?
- What – 5 achievements in 5 months will help you with your business?
- How – we are working for change to limited licensing/the accountants’ exemption?
- Who – will be impacted?
- Why – is knowing what’s going on so important?
FASEA CPD certificates were emailed to attendees. Keep an eye out for future AccountantsIQ webinars and events.
FASEA plans need not change in light of extensions
SMS Magazine | 18 September 2019
Advisers cautioned against relying too heavily on the extension to FASEA deadlines
Cram 4 Exam: FASEA exam preparation program
Join our mailing list to keep in the loop on our program
Register now to receive updates from Cram 4 Exam on the FASEA exam and how we can help you prepare for it…
ASIC Industry Funding: Bronny Speed speaks to Professional Planner
Professional Planner | 1 July 2019
Bronny Speed, in her capacity as Financial Advice Leader at CA ANZ has spoken to about our continued efforts to have ASIC to understand that advisers who have limited licenses often only have a small portion of their business related to licensing activities…
Technology is boosting financial literacy
Australian Financial Review | 27 June 2019
Technology will need to play a bigger role in boosting the financial literacy of Australians as a large number of financial planners leave the profession, says Bronny Speed, Financial Advice Leader at CA ANZ…
Approved courses named by FASEA; CA ANZ takes next step in recognition lobby
CA ANZ working on reducing FASEA’s study requirements for CA members who provide licensed advice
Accountants Daily | 31st December 2018
The federal government’s standards authority for the incoming education changes has named some courses that will be considered approved, and Chartered Accountants Australia and New Zealand is working on slashing the further study needed for CA members under the new education requirements.
Those in advice not registered with ASIC by 31st December 2018 - Look out!
Are you on the FAR? Are those who want to provide advice next year on the FAR
AccountantsIQ | 29th November 2018
- If not, and studies have been done – get on it.
- If not and studies haven’t been done – get them to do it quickly and then get on it.
CA ANZ pleased with FASEA requirements
CA ANZ pleased with FASEA requirements
SMS Magazine | 26th November 2018
Chartered Accountants Australia and New Zealand (CAANZ) today welcomed the release of the Financial Adviser Standards and Ethics Authority’s (FASEA) draft legislation for five out of the seven standards.
CA ANZ optimistic after latest round of FASEA guidance
CA ANZ optimistic after latest round of FASEA guidance
SMSF Adviser | 26th November 2018
Chartered Accountants Australia and New Zealand is confident that at the subject level, its program will be sufficient in satisfying the relevant degree category in the guidance published by FASEA.
CA ANZ backs latest round of education changes
CA ANZ backs latest round of education changes
Accountants Daily | 26th November 2018
Chartered Accountants Australia and New Zealand have welcomed the legislative guidance put forward by the Financial Adviser Standards and Ethics Authority, citing a similar assessment to its CA Program.
AccountantsIQ Training Days 2018
The financial advice furnace – don’t get burnt!
Sydney – 17 October 2018 | Adelaide – 24 October 2018
These training days are a must for accountants who hold or operate under an AFSL. Join us as we dive into the flaming furnace that is financial advice and show you how you can avoid getting burnt and prosper in these challenging times…
Accountants continue battle for advice space
ifa | 24th September 2018
An accounting body has urged the Financial Adviser Standards and Ethics Authority to recognise its qualifications in a push for its territory in financial advice. Chartered Accountants Australia and New Zealand (CA ANZ) said FASEA’s reforms are in line with the current professional standards that its members already meet.
Stop, collaborate and listen: CA ANZ calls for FASEA to recognise CA qualifications to retain accountants in the financial advice industry
CA ANZ National SMSF Conference – Media Release | 19th September 2018
AccountantsIQ's Guide to ASIC Industry Funding
New ASIC Industry Funding Levy – do you need to take action? | 22nd August 2018
AccountantsIQ's submission to FASEA
AccountantsIQ | 29th June 2018
AccountantsIQ advocated on behalf of licensed accountants and made a range of recommendations to FASEA on its proposed education pathways…
SMSF advisers, accountants up for thousands with new rules
SMSF Adviser Magazine | 14th June 2018
Accountants and advisers are unlikely to escape paying thousands to comply with incoming mandatory education requirements even if they are only providing limited SMSF services, prompting serious concerns the current guidance is not fit for purpose.
Hey FASEA! How about considering this?!!!
AccountantsIQ | 20th April 2018
FASEA on the right track..... with a few steps yet to go!
AccountantsIQ | 20th March 2018
Speed up next FASEA Release!
AccountantsIQ | 12th February 2018
ASIC updates licensing guidance for tax & BAS agents
AccountantsIQ | 7 May 2018
Exam preparation courses boost pass rate
Self Managed Super Magazine | 15 September 2021
The Cram 4 Exam program, offered via AccountantsIQ and led by Bronny Speed, has resulted in advisers taking the course scoring an average pass rate of 75 per cent, higher than the industry average success rate of 60 per cent…
FASEA not the final battle
Money Management | 11 December 2020
The removal of the Financial Adviser Standards and Ethics Authority (FASEA) has been universally welcomed by the industry, but all agree this is not the final battle.
Reduction in regulatory complexity sought for accountants in advice
AccountantsIQ | June 2020
Through our work with Chartered Accountants ANZ and with other member associations, we are driving for simplification of the regulatory environment off the back of COVID-19 via a submission to the NCCC. We aim to see costs of advice reduced so that more Australians can access affordable, high quality financial advice through a professional adviser.
Chartered Accountants ANZ, CPA Australia and the IPA have come together on behalf of the accounting profession and in the public interest to review the frameworks that regulate how financial and tax advice is provided in Australia.
Advocating for a better regulatory framework
Chartered Accountants ANZ | 1 November 2019
Chartered Accountants ANZ, CPA Australia and the IPA have come together on behalf of the accounting profession and in the public interest to review the frameworks that regulate how financial and tax advice is provided in Australia.
Enrolments open for FASEA exam preparation program
SMS Magazine | 4 September 2019
Cram 4 Exam has opened enrolments for its first Financial Adviser Standards and Ethics Authority (FASEA) exam preparation program due to commence in October.
Accountants to be recognised by FASEA
IFA | 19 July 2019
FASEA has announced that the accounting qualifications will partially recognised as prior learning after lobbying from the accounting bodies…
FASEA is now the law - do you know what this means for you?
FASEA is now the law – do you know what this means for you?
Chartered Accountants ANZ | 15 March 2019
What CA’s need to know about FASEA…
Webinar replay: The diabolical SMSF advice changes post 31 December
FASEA and SMSFs – What the incoming standards mean for SMSF advisers and what you need to do NOW
Grant Abbott of I Love SMSF and SMSF Training Group and Bronny Speed of Accountants IQ and Financial Advice Leader for Chartered Accountants ANZ discuss the impact of the new FASEA standards including:
- How to get on the FAR by 31 December 2018
- New FASEA mentoring standards
- New FASEA CPD regime
Limited licensees urged to register
Accountants with a limited licence need to be on the financial adviser register by 31 December 2018
SMS Magazine | 27th November 2018
The impending Financial Adviser Standards and Ethics Authority (FASEA) deadline has caused confusion among accountants with a limited licence, mainly that they will need to be on the adviser register.
CA ANZ urges rethink on FASEA’s ‘study for study’s sake’
Not all advisers have the same ‘qualifications’ so why make accountants study for study’s sake? CA ANZ urges rethink on ‘study for study’s sake
Accountants Daily | 6th November 2018
Chartered Accountants (CAs) and Certified Practising Accountants (CPAs) have already met most of the elements of FASEA’s proposed With accountants already meeting the requirements of the proposed FASEA standards with the exception of the exam, one of the major accounting bodies has urged FASEA against enforcing further study on accountants.
Professional advisers meet most FASEA elements
Professional advisers meet most FASEA elements.
SMS Magazine | 5th November 2018
Chartered accountants (CA) and certified practising accountants (CPA) have already met most of the elements of the proposed education reforms and therefore should not be compelled to study further, AccountantsIQ has argued.
FASEA: Comparing apples with apples?
Not all advisers have the same ‘qualifications’ so why make accountants study for study’s sake?
AccountantsIQ | 2nd November 2018
Chartered Accountants (CAs) and Certified Practising Accountants (CPAs) have already met most of the elements of FASEA’s proposed reforms so why make them complete further study?
FASEA under fire for not providing course notes
SMS Magazine | 18th July 2018
FASEA must expand ‘limited’ course list: AccountantsIQ
IFA | 4th July 2018
Financial advice standards: the next hurdle
Acuity Magazine | 7th June 2018
'A slap in the face': Big backlash to more mandatory training continues
SMSF Adviser Magazine | 15th June 2018
Consultants to accountants and advisers are finding their clients are increasingly considering exiting SMSF advice, on the basis they will have to spend thousands to complete training they’ve already done…
Industry Funding Update: ASIC publishes indicative levies
AccountantsIQ | March 28th, 2018
ASIC has today published its estimates of what regulated entities will pay under the industry funding scheme.
AccountantsIQ weighs in on FASEA proposed education guidelines
Acuity Magazine | 23rd April 2018
White label SoA service gains traction
SMS Magazine | Krystine Lumanta | 10 April 2017
AccountantsIQ has reported strong interest from licensed accountants turning to its white label statement of advice (SoA) solution, in a quest to deliver quality advice quickly …
‘Monster levy’: Accounting bodies slam ASIC fee hike
Accountants Daily | 8 March 2021
Australia’s largest accounting bodies have condemned ASIC’s latest industry funding levy hike which could see accountants offering financial advice forced out of the space.
Industry veterans unite for FASEA exam prep program
Money Management | 8 July 2019
A group of financial advice industry experts have teamed up to create Cram 4 Exam – an intensive Financial Adviser Standards and Ethics Authority (FASEA) exam preparation program.
One on one with... Bronny Speed
SMS Magazine | June 2019
Bronny Speed was profiled recently by SMS Magazine. In the article, she discusses her work with advisers, the limited licensing regime and the impact of FASEA on the industry…
CA ANZ slams ASIC's industry funding model
Accountants Daily | 2 May 2019
A combination of escalating costs of ASIC’s industry funding model and new education standards will force accountants to pass on costs or leave the financial advice space, argues CA ANZ…
Need training to get authorised and onto the FAR?
Everything you need to know
AccountantsIQ | 29th November 2018
Details of RG 146 training and what you need to do…
Notifying ASIC of AFCA membership: Deadline 30 November 2018
AFCA is open for business – licensees need to act by 30 November or late fees will apply
AccountantsIQ | 19th November 2018
If your firm has an AFS Licence it must do two things…
FASEA bridging course should be practical
SMS Magazine | 3rd July 2018
What do FASEA’s proposed education reforms really mean for accountants who provide financial advice?
AccountantsIQ | 6th June 2018
What do the proposed reforms mean for accountants. AccountantsIQ explains…
Accountants' 'extensive' knowledge brushed over in new laws
Accountants Daily | 21st March 2018
CA ANZ moves to boost advice services
Accountants Daily | 27 November 2017
Preparing quality, compliant SMSF advice quickly & efficiently
Chartered Accountants Australia New Zealand Education Store | 5 October 2017
Video: Accountants in a new era
Money Management magazine interviews Bronny Speed about how AccountantsIQ is helping accountants to provide SMSF advice under their own new financial services licences (AFSLs).
ATO extends major SMSF deadline
SMSF Adviser | 19 January 2018
Tailoring, updates vital to SoA compliance
Self Managed Super Magazine | Krystine Lumanta | 12 July 2017
Data breach notification scheme - are you prepared?
AccountantsIQ | 5th March 2018
Licensed accountants deliver quality advice quickly
Professional Planner | Cut + Paste | 7 April 2017
With a number of accountants having only recently received their Limited AFSLs, coupled with it being a crucial time as they try to implement and cater for the super reforms …
ASIC releases new guidance and information sheets to help limited AFSL holders and representatives understand their key obligations
ASIC | 22 November 2017
Levies for ASIC industry funding coming your way
ClearLaw Bulletin | December 2017