Dashboard » News » October 21 News

October 21 News

We’ve all heard the metaphoric expression “light at the end of the tunnel”.  It’s commonly used when you’re facing a challenging task, period of change, a difficult problem.  Sometimes the light seems quite dim, and despite knowing it’s out there somewhere we struggle with believing.  Well, in a conversation I had last week with a very special person, he used the phrase “you’re not the only light in the dark”. His context was in reference to gaining understanding about our industry and all that is currently happening around us.  I much prefer this expression because it shows we’re not alone and there are many lights finding their way through the darkness.  It’s like concert-goers holding up their phone with the lights on, creating a co-ordinated visual spectacle with other concert-goers that complements the live music and gets the mood going at a gig.  I think if we hold this image in our minds, we’ll be better equipped to deal with the uncertainty (darkness); sharing our experience as a community and creating our own mood and way through.

You will have seen the Code of Ethics (Code) guidance was released last week.  This guidance provides context and examples of how to adhere to the Code (which takes effect 1 January 2020).  You may have also heard that you are no longer required to be registered to a Code Monitoring Body.  Instead, the Government will look to form a single disciplinary body which won’t be ready for at least 12 months.  In the meantime, AFSL holders and advisers will need to record how the Code is demonstrated and monitored.  Our approach will be to provide continual guidance and take your questions.  These questions will be shared amongst our community and presented back to FASEA to increase their knowledge and understanding.   We will also use the information and questions we receive from you (and other sources) to understand any implications and provide as much clarity as we can to help you meet the obligations.  Our first session kicks off at Conference.  For those unable to attend, we will run a series of webinars.  In the meantime, as you read the Code Guidance (see Governance section), please take the time to note any questions or concerns and send them to [email protected]

We’re all looking forward to Conference, the program is looking great and we sincerely hope you derive benefit from attending.  It’s also a time to reconnect with each other, meet new people, learn, share and reflect.  For those of you who can’t join us, you will be missed.  Where practical, the presentations will be distributed post the event.  Just like the phone lights at a concert, the success of the Conference is only powerful when everyone decides to actively participate.  See you next week.

Regards,

Annick

 

Key news items

Advice Coaching

CLICK HERE for Greg Dawes’ Top 3 tips for Product Replacement advice.

Investment Services

See the final Investment Market Conditions update in this format. Dual branded versions will be available on Compliance Logic by Friday.
We would like to take this opportunity to thank James Purvis for his work and support over the years. We wish him well in his future endeavours.

FASEA News

CLICK HERE for information about the FASEA Code of Ethics Guidance.

Revenue Services

The next revenue payrun will be processed on 1 November. OPEX has written handy guides for Madison users, available through Zen desk and the below links;
CommPay Reporting
Lodging and receipting an invoice.
Invoice Tracking Template
Xplan Navigation
Power BI webinar recording
Setting up referral arrangements in CommPay

CommPay and revenue queries – ATTN: Brokerage
[email protected]

Go Back
Dashboard » News » October 21 News

October 21 News

We’ve all heard the metaphoric expression “light at the end of the tunnel”.  It’s commonly used when you’re facing a challenging task, period of change, a difficult problem.  Sometimes the light seems quite dim, and despite knowing it’s out there somewhere we struggle with believing.  Well, in a conversation I had last week with a very special person, he used the phrase “you’re not the only light in the dark”. His context was in reference to gaining understanding about our industry and all that is currently happening around us.  I much prefer this expression because it shows we’re not alone and there are many lights finding their way through the darkness.  It’s like concert-goers holding up their phone with the lights on, creating a co-ordinated visual spectacle with other concert-goers that complements the live music and gets the mood going at a gig.  I think if we hold this image in our minds, we’ll be better equipped to deal with the uncertainty (darkness); sharing our experience as a community and creating our own mood and way through.

You will have seen the Code of Ethics (Code) guidance was released last week.  This guidance provides context and examples of how to adhere to the Code (which takes effect 1 January 2020).  You may have also heard that you are no longer required to be registered to a Code Monitoring Body.  Instead, the Government will look to form a single disciplinary body which won’t be ready for at least 12 months.  In the meantime, AFSL holders and advisers will need to record how the Code is demonstrated and monitored.  Our approach will be to provide continual guidance and take your questions.  These questions will be shared amongst our community and presented back to FASEA to increase their knowledge and understanding.   We will also use the information and questions we receive from you (and other sources) to understand any implications and provide as much clarity as we can to help you meet the obligations.  Our first session kicks off at Conference.  For those unable to attend, we will run a series of webinars.  In the meantime, as you read the Code Guidance (see Governance section), please take the time to note any questions or concerns and send them to [email protected]

We’re all looking forward to Conference, the program is looking great and we sincerely hope you derive benefit from attending.  It’s also a time to reconnect with each other, meet new people, learn, share and reflect.  For those of you who can’t join us, you will be missed.  Where practical, the presentations will be distributed post the event.  Just like the phone lights at a concert, the success of the Conference is only powerful when everyone decides to actively participate.  See you next week.

Regards,

Annick

 

Key news items

Advice Coaching

CLICK HERE for Greg Dawes’ Top 3 tips for Product Replacement advice.

Investment Services

See the final Investment Market Conditions update in this format. Dual branded versions will be available on Compliance Logic by Friday.
We would like to take this opportunity to thank James Purvis for his work and support over the years. We wish him well in his future endeavours.

FASEA News

CLICK HERE for information about the FASEA Code of Ethics Guidance.

Revenue Services

The next revenue payrun will be processed on 1 November. OPEX has written handy guides for Madison users, available through Zen desk and the below links;
CommPay Reporting
Lodging and receipting an invoice.
Invoice Tracking Template
Xplan Navigation
Power BI webinar recording
Setting up referral arrangements in CommPay

CommPay and revenue queries – ATTN: Brokerage
[email protected]com.au

Go Back