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

  1. If not, and studies have been done – get on it.
  2. If not and studies haven’t been done – get them to do it quickly and then get on it.

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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.

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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.

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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.

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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

At its national SMSF conference, Chartered Accountants Australia and New Zealand (CA ANZ) urged the Financial Adviser Standards and Ethics Authority (FASEA) to recognise the hard-earned qualifications of Chartered Accountants to retain them in the financial advice industry.
  

AccountantsIQ's Guide to ASIC Industry Funding

New ASIC Industry Funding Levy – do you need to take action? | 22nd August 2018

ASIC has sent letters to every regulated company’s office address with  instructions to complete their business activity metrics through the new online regulatory portal by September 27th, 2018. In our new guide we outline what you need to do and provide useful resources to help…
  

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.

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Hey FASEA! How about considering this?!!!

AccountantsIQ | 20th April 2018

What do you think about FASEA's proposed education guidelines? Have your say!
 

FASEA on the right track..... with a few steps yet to go!

AccountantsIQ | 20th March 2018

AccountantsIQ welcomes today’s news from FASEA that a ‘related degree’ now includes accounting…
 

Speed up next FASEA Release!

AccountantsIQ | 12th February 2018

AccountantsIQ is eagerly awaiting the release of FASEA’s Consultation Framework seeking stakeholder views on the practical application of its proposed guidance for adviser qualifications. In this article we examine key concerns for accountants practising in the advice space and highlight what happens next. 
 
 

ASIC updates licensing guidance for tax & BAS agents

AccountantsIQ | 7 May 2018

ASIC has updated its guidance for accountants providing SMSF services to cover the licensing exemption for tax and BAS agents…
 
 

Data breach notification scheme - are you prepared?

AccountantsIQ | 5th March 2018

On 22nd February 2018, an amendment to the Privacy Act known as the Privacy Amendment (Notifiable Data Breaches) Bill came into effect. Failure to comply with the amendment can result in significant fines…
 
 

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.

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.

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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.

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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?

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FASEA under fire for not providing course notes

SMS Magazine | 18th July 2018

AccountantsIQ has admonished the Financial Adviser Standards and Ethics Authority (FASEA) over its intention not to provide preparation materials for the financial adviser examination, arguing this defies the purpose of the exam.
  

FASEA must expand ‘limited’ course list: AccountantsIQ

IFA | 4th July 2018

SMSF support services firm AccountantsIQ has urged FASEA to expand the scope of providers and courses included in its approved education pathways list.
  

Did you vote in AccountantsIQ's poll on FASEA?

AccountantsIQ | 29th June 2018

The results are in and they were overwhelming!
  

Financial advice standards: the next hurdle

Acuity Magazine | 7th June 2018

Proposed new educational standards for financial advisers risk forcing some older advisers out of the industry. This article provides insight into the issue from Chartered Accountants ANZ, educators and CAs including AccountantsIQ’s Bronny Speed…
  

'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…

AccountantsIQ weighs in on FASEA proposed education guidelines

Acuity Magazine | 23rd April 2018

Chartered Accountants are concerned that the proposed education standards will not give appropriate recognition to their qualifications, experience, and ethical standards. In this article, AccountantsIQ’s Bronny Speed weighs in on the issue…
  

ASIC releases new guidance and information sheets to help limited AFSL holders and representatives understand their key obligations

ASIC |  22 November 2017

Tailored specifically for limited AFSL holders and their representatives, the information draws on the most relevant information from existing ASIC guidance. It explains who is a limited AFS licensee and a representative of a limited AFS licensee, conduct and disclosure obligations and what limited AFS licensees need to do on an ongoing basis…
 

Levies for ASIC industry funding coming your way

ClearLaw Bulletin | December 2017

This article by AccountantsIQ Founding Director, Bronny Speed, highlights some areas of concern for advisers with an AFSL – limited or full, particularly in relation to those who run highly compliant, low-risk advice businesses.
 
 

Gearing up for the Rolex Sydney Hobart

Offshore Yachting Magazine | November 2017

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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 … 

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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

AccountantsIQ has called on the Financial Adviser Standards and Ethics Authority (FASEA) to make its one-unit bridging course for accountants relevant and practical if it does not exempt accountants from further study to meet new education and professional standards.
  

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…

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Accountants' 'extensive' knowledge brushed over in new laws

Accountants Daily | 21st March 2018

Mandatory new education requirements for accountants providing advice have been slammed for dismissing accountants’ years of training and making limited distinction between accountants and financial planners.
 
 

CA ANZ moves to boost advice services

Accountants Daily | 27 November 2017

Chartered Accountants Australia and New Zealand (CA ANZ) has appointed Bronny Speed & Andrea Manson of AccountantsIQ to the role of Senior Policy Adviser, Financial Advisory Services. The appointment underscores CA ANZ’s commitment to supporting members who provide financial advice…
 
 

Preparing quality, compliant SMSF advice quickly & efficiently

Chartered Accountants Australia New Zealand Education Store | 5 October 2017

This webinar for CA members, presented by Bronny Speed of AccountantsIQ provides a guide to accountants who recently obtained an Australian Financial Services License (AFSL) and started operating in the license regime…
 

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).

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ATO extends major SMSF deadline

SMSF Adviser | 19 January 2018

The tax office has now locked in an extended due date for lodgement of 2016-17 SMSF annual returns…
 
 

Tailoring, updates vital to SoA compliance

Self Managed Super Magazine | Krystine Lumanta | 12 July 2017

Accountants using white-label statement of advice (SoA) services must ensure their templates are specifically tailored to each client, as well as kept up to date with the ongoing changes to the super reforms, in order to meet Australian Securities and Investments Commission standards…
 

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 …

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