Financial Adviser Magazine Dec 2020 Issue Three
CPD Quiz

COVID-19 Stimulus Unpacked.

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* 1. Full name:

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* 2. Email address:

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* 3. Contact number?

CPD Questions
FASEA Area CPD Points: Regulatory Compliance & Consumer Protection: 0.25; Client Care & Practice: 0.25; General: 1
ASIC RG146 Area CPD Points: Personal development: 1.5

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* 4. Who is the AFA National President?

Marc Bineham

Michael Nowak

Philip Kewin

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* 5. How many meetings with government departments, politicians and regulators took place in 2020?

4107

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* 6. What is the due date for existing advisers to complete the FASEA exam?

December 31, 2020

January 1, 2022

January 1, 2024

January 1, 2026

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* 7. According to the article, what percentage of advisers, on the ASIC FAR have completed the exam?

20%

40%

45%

60%

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* 8. If you fail the FASEA exam, you must wait 3 months before you can sit it again.

True

False

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* 9. During COVID-19, working from home has led to an increase in Commercial Property vacancy rates in Sydney and Melbourne. What was the vacancy rate pre COVID-19?

3.5%

50%

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* 10. What are characteristics of a modern advice business?

Adaptable, flexible and in control

Multi-dimensional and values based approach

Strategic, sustainable and cost effective

All of the above

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* 11. What is the figure quoted as being the latest APRA statistics relating to life insurer losses for the year ended 30 June 2020?

$1.4 Billion

$2.2 Billion

$3.4 Billion

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* 12. Avanser discusses SIP technology. What does SIP stand for?

Session Imitation Protocol

Smart Initiation Protocol

Session Initiation Protocol

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* 13. What was the most watched conference session on Day One of the AFA Virtual Conference?

Insurers CEO Panel

Regulators Panel - ASIC AFCA FASEA

Technology Panel