Source: https://hub.financialeducation.com.au/fep-insights
Timestamp: 2019-09-22 10:19:37
Document Index: 599658444

Matched Legal Cases: ['art 2', 'art 1', 'art 3', 'art 3', 'art 2', 'art 2', 'art 1', 'art 1']

Nobody puts RG146 in the corner
Keeping pace with Responsible Lending
Posted by Kate Whiteley on Aug 20, 2019 1:45:45 PM
Should I Stay or Should I Go? (Part 2) Five top reasons to self-license
Posted by Anne Wilkinson on Aug 13, 2019 12:30:20 PM
Financial planning businesses are evolving, as new licensing models emerge. In this two-part blog series, we examine the pros and cons of the AFSL market. Part two of our look at financial planning licenses takes you through our top five reasons to self-license.
Should I Stay or Should I Go? (Part 1) The top 5 reasons to stay with your licensee
Posted by Anne Wilkinson on Aug 6, 2019 4:31:21 PM
Financial planning businesses are evolving, as new licensing models emerge. In this two-part blog series, we examine the pros and cons of the AFSL market, starting with the top five reasons to stick to the traditional licensee approach.
The ‘Not Unsuitable’ vs the ‘Customer First Duty’
Posted by Therese O'Neill on Jul 30, 2019 9:29:53 AM
You’ve probably heard about the ‘Customer First Duty’, which is intended to replace today’s ‘Not Unsuitable’ test and improve customer outcomes. Here’s what you (and your clients) can expect when the new measure comes into play…
"“Dont worry, the expectations are the same as ever ... only completely different.”
Part 3 How to have that conversation with our over-spending clients (The hard truth vlog series)
Posted by Therese O'Neill on Jul 25, 2019 11:20:05 AM
No-one likes being at risk of rejection in life, including the prospect of having a loan application declined. And the situation can be unpleasant on the other side too, for the mortgage broker having to broach the subject!
In part 3 of our 3-part vlog series, mortgage industry adviser Therese O’Neill shares 4 avenues for helping clients get their finances in order and increase their chances of application success – solutions that can turn awkwardness into smiling faces all around.
Part 2 Getting living expenses right - 5 top tips (The hard truth vlog series)
Posted by Therese O'Neill on Jul 23, 2019 1:08:30 PM
Explaining to your clients how living expenses scrutiny has become sharper in a post Royal Commission world can be a danger zone.
In part 2 of our 3-part vlog series, mortgage industry adviser Therese O’Neill shares 5 areas to watch for so you and your clients can navigate this phase of the loan application process safely and smoothly.
Part 1 Setting the scene, how living expense scrutiny has changed (The hard truth vlog series)
Posted by Therese O'Neill on Jul 22, 2019 9:23:16 AM
Hard truths can emerge during the tricky task of doing a proper review of a client’s living expenses.
In part 1 of a 3-part vlog series, mortgage industry adviser Therese O’Neill examines two key focus areas for the expenses assessment phase, to help you survive regulator scrutiny and delight your clients.
Surfing the Clawback Cash Flow Wave | Tips to de-risk your broking practice under new commission models
Posted by Therese O'Neill on Jul 10, 2019 8:45:55 AM
Governments, regulators and lenders are always moving the flags. But by implementing some proven practice management techniques, you can keep your head above water and see you and your clients safely and delightfully riding every mortgage wave.
Why Australians need payday loans (and responsible lenders)
Posted by Belinda Brown on Jul 5, 2019 4:24:05 PM
With meaningful dialogue and sensible reform, regulation of Australia’s payday lending sector can strike the right balance between facilitating access to credit while ensuring appropriate levels of consumer protection.
Posted by Therese O'Neill on Jul 10 2019
A proper assessment of living expenses can be tricky and this can be a common cause of loan applications being rejected by lenders. Given that it’s important to get it right the first time, we present 5 living expenses assessment tips.
Unusual predictors of the state of the economy
Posted by The FEP team on Jun 12, 2019 12:38:51 PM
Hemline Index! Consumer Consumption Of Beer Index! CPI and interest rate trends are not the only predictors of economic activity according to markets folklore. Do these indicators have predictive powers…
The new sheriff in town is leading the FASEA CPD train across the land. The quicker licensees meet their milestones, the sooner any FASEA-related changes will become business as usual.
What makes an RM, an RM? Hint...it’s not just the title. Far from the sometime treatment as a ‘tacked-on’ role, responsible managers as a first line of defence are worth investing in.
Posted by Kate Whiteley on Nov 30, 2018 1:48:16 PM
It doesn’t have to be loud; it just has to assert its voice.
Quite often it’s perceived as a separate function that needs to be deferred to from time to time. On other occasions, it’s considered an unfortunate but necessary intrusion into day-to-day activity.
In a climate of regulatory change, the Royal Commission, and customers generally scrutinising every company they deal with, the importance of compliance cannot be underestimated.
Submissions to FASEA’s Consultation Paper 6: Continuing Professional Development (CPD) closed on 31 August 2018. On Friday night FASEA released its Standards Summary which included revised guidance on CPD.