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FASEA wind-up unlikely to see standards change, advisers told

Advisers hoping that the cessation of FASEA will result in a “different world” for the advice industry have been warned that there are unlikely to be changes to the FASEA Code or standards.

FASEA wind-up unlikely to see standards change, advisers told
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FASEA wind-up unlikely to see standards change, advisers told

Earlier in December, the government announced that it would streamline the number of bodies involved in the oversight of financial advisers by winding up FASEA, expanding the role of the Financial Services and Credit Panel (FSCP) within ASIC and moving other functions of FASEA to the Treasury.

Read more at the AccountantsDaily.

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