ACCOUNTANTS

Accounting

Accountants and financial advisers should use data analytical capabilities of artificial intelligence and robo-advice to enhance their services of providing financial gui...

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Accounting

Accounting firms have underestimated the impact of further study on their profit and productivity as accountants ramp up their education in light of SMSF licensing requir...

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Accounting

It may be well into 2017 before ASIC has cleared the backlog of applications from accountants seeking limited licensing....

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Financial planning

Older accountants and planners looking for an emergency exit from the industry would have to accept “fire sale” prices unless they modernised, similar to the dilemma face...

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Accounting

ASIC has admitted granting accountants the longest-ever licensing transition arrangements yet most still managed to miss their deadline....

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Financial planning

Financial planning and accounting practice licensee, Securitor, has reached its 30-year milestone, which was set to be celebrated at its annual conference. ...

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Accounting

Accountants moving into the SMSF advice space need to think about low-cost fee structures as they look to compete with firms that are using technology to find cheaper sol...

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Financial planning

The Federal Court has ruled Storm Financial directors breached their duties under the Corporations Act and provided inappropriate advice to investors without accounting f...

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Accounting

The perceived negative consequences of acquiring a financial services licence seem to be reducing following the scrapping of the accountants’ exemption, with a dealer gro...

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Accounting

ASIC commissioner, Greg Tanzer, has warned unlicensed accountants continuing to give SMSF advice are no better than property spruikers....

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Accounting

The rate of demand for the licensing regime by accountants would not rise until the corporate regulator and other regulators enforced discplinary action on them for advis...

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Financial planning

Accountants would increasingly adopt multi-advice models including the delivery of financial planning and SMSF advice as they dealt with increasing cost pressures and cha...

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Financial planning

The ATO has issued a warning that planners and accountants could face penalties including prosecution if they were found to have promoted retirement planning schemes....

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Financial planning

Accounting and financial services professionals found it a challenge to maintain a work-life balance even as the majority were confident about their professional prospect...

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Policy & Regulation

A firm has launched a series of packages for accountants who wanted technical training, compliance documents, and templates for their limited AFSLs. ...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago