Financial planning organisations – what should happen?



The Financial Planning Association has confirmed the imposition of redundancies as it struggles in an environment of declining planner numbers and the Financial Adviser Standards and Ethics Authority (FASEA) regime.
On that basis, Money Management would appreciate hearing the views of readers on what should happen with respect to Australia’s major financial planning representative organisations – the FPA and the Association of Financial Advisers (AFA).
Please take a moment to complete the following brief survey, the results of which will be shared with readers.
The survey can be completed here.
Recommended for you
AMP CEO Alexis George has said addressing Australians’ retirement concerns should be "front and centre for policymakers” after its research revealed only half of Australians are confident about their retirement.
LGT Crestone has announced a rebrand, marking a “decisive milestone” following its acquisition of Commonwealth Bank’s high-net-worth financial advisory business in June.
The launch of a low-cost menu for BT Panorama will allow advisers to service a wider range of clients from one platform and potentially run a more profitable business, according to specialist Recep Peker.
Retail investment into private credit funds could surpass that of sophisticated investors, according to ASIC, but the regulator admits it is unsure how and where these individuals are first being introduced to the vehicles.