AFA

Financial planning

The Association of Financial Advisers has pointed to the likelihood of further rounds of Financial Adviser Standards and Ethics Authority consultation around education pa...

Financial planning

The Financial Planning Association and the Association of Financial Advisers have cautioned against allowing a retirement income covenant trumping advice, but Challenger ...

Financial planning

The Association of Financial Advisers has warned the Federal Treasury that Comprehensive Income Products in Retirement will not be as effective as ensuring people receive...

Policy & Regulation

The Federal Treasury has told the Royal Commission that industry self-regulation may fall short if industry codes of practice are neither uniform nor unenforceable....

Financial planning

The Australian Securities and Investments Commission was left with little discretion around the future of Dover Financial Services with the licensee exercising its right ...

Expert Analysis

Banning grandfathered commissions without first having a definitive policy objective speaks to ideological and simplistic motivations, writes Phil Anderson....

Financial planning

Self-licensed planners who want to exit the industry in the current Royal Commission/FASEA environment should not be penalised by unrealistic license cancellation fees, a...

Financial planning

Questions are being asked around why the financial planning community is being blamed when the Government has done little about legacy products in nearly two decades....

Financial planning

The Association of Financial Advisers has described calls for the banning of grandfathered commissions as “simplistic and ideological” and has suggested they are premised...

Features

Mike Taylor writes that for the major financial planning organisations the future resides in looking beyond the Royal Commission and reaping the benefits which flow from ...

Financial planning

The Association of Financial Advisers has defended the retention of grandfathered trail commissions, arguing they don’t equate to ongoing service or fee for no service....

Financial planning

The Australian Securities and Investments Commission has told the Royal Commission that grandfathered trail commissions equate to ongoing fees....

Financial planning

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has already canvassed a tougher and more effective regulatory and lice...

News

The Association of Financial Advisers chief executive, Phil Kewin has been asked what it takes for an adviser to be expelled from his organisation....

Financial planning

The Financial Planning Association and the Association of Financial Advisers are scheduled to appear before the Royal Commission today with the focus expected to be on ho...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 2 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 3 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 3 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 4 days ago
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