Mixed response to RBA rate rise
There has been a mixed response from employer and industry groups to the Reserve Bank’s rate rise yesterday.
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The corporate regulator has issued fresh information for “existing providers” taking a career break by 31 December 2021 regarding their obligations to pass the FASEA exam.
ASIC has confirmed existing providers taking a career break by 31 December this year will not be required to pass the FASEA exam by 1 January 2022 to retain their “existing provider“ status and, as such, would not be considered new entrants upon their return.
Read more at Independent Financial Adviser.