AFA and Sunsuper team up
The Association of Financial Advisers (AFA) has partnered with Sunsuper in a bid to expand adviser's thinking about behavioural finance.
In efforts to create a more consumer-centric environment the AFA believes the partnership can help it deliver great advice for more Australians.
"Like us, Sunsuper believes in advice, is proadviser… One thing everyone agrees on is that financial advice needs to be consumer-centric," AFA chief executive, Brad Fox, said.
Sunsuper national manager for retail distribution and advice, Anne Fuchs said the super firm believes in the power of financial advice.
"We have partnered with the AFA to help contribute towards the ongoing professional development of their members, particularly in the area of behavioural finance," she said.
Fuchs said the partnership's initiatives will "help broaden the thinking about consumer behaviour and financial decision making. We believe that is an area of big opportunity for advisers to deepen their relationships with their clients."
Recommended for you
ASIC commissioner Alan Kirkland has detailed the regulator’s intentions to conduct surveillance on licensees and advisers who are recommending managed accounts, noting a review is “warranted and timely” given the sector’s growth.
AMP and HUB24 have shared the areas where they are seeking future adviser growth, with HUB24 targeting adding more than 2,000 advisers to the platform.
Bravura Solutions has appointed a new chair and deputy chair to take over from departing Matthew Quinn, while Shezad Okhai picks up another responsibility.
Two advisers say M&A is becoming a “contact sport” as competition heats up to acquire attractive advice firms, while a lack of new entrants creates roadblocks in organic growth opportunities.
