Financial advisers can use 2022 as a year of opportunity to build and make their business more efficient given there will be no major regulatory changes over the next year, the Financial Planning Association of Australia believes.
Most of the Financial Planning Association of Australia’s members are against providing a full experience pathway and the association is working through a way to balance experience and higher education.
Paul Kevin Bennetts has been banned from providing financial services for six years after asking a compliance officer to complete his Australian Institute of Company Directors assessments on his behalf.
Franklin Templeton has appointed Anne Simpson as global head of sustainability, bringing 35 years of international investment and academic expertise to the investment firm’s environmental, social and governance strategy.
The financial advice industry needs to keep experienced advisers to mentor the next generation, especially when there is a market crash, and to curb clients being orphaned due to a further mass exodus, an association believes.