According to ASIC's latest report on licensing and professional registration applications, less than half of the 2,879 applications considered during July 2017 to June 2018 were approved.
It's worth noting that over the period, 62% of those approved applications were done so in a "form other than applied for by the applicant," as ASIC put it. ASIC's executive director, assessment and intelligence, Warren Day, invited "prospective applicants, and licensees intending to apply for variations, to review this report to better inform their applications and understand the regulatory context when applying."
Day added that the regulator's licensing and registration functions are being further enhanced with a new online portal.
"While there have been some delays," he explained, "we expect the portal will ultimately deliver efficiencies by ensuring that we ask for, and are given, all and only, the relevant information required to make the right regulatory decision to grant or not grant a licence
FASEA has made some clarifications around CPD hours, prior learning cred....
Six associations have joined forces in a professional standards partners....
31 January, 2019
FASEA has made some clarifications around CPD hours, prior learning credits and further details about the adviser exam.
23 January, 2019
Six associations have joined forces in a professional standards partnership.
11 December, 2018
Some words of wisdom from someone who weathered the storm advisers are now facing here.