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AFA
Financial planning
The new AFA president said it would not match resources with anti-advice groups but focus on member and consumer engagement....
Life/Risk
Life insurance manufacturers need to take responsibility for last week’s ASIC report into life insurance and supply products that meet consumer needs and not research hou...
Financial planning
A raft of legislative and regulatory change in the financial planning sector has essentially made long-time advisers feel like new entrants to the profession, according t...
Financial planning
The AFA announced it has appointed former AFA Treasurer and NSW director Deborah Kent as national president....
Life/Risk
AFA and FSC form working body while FPA calls for insurance providers to review their offerings...
Financial planning
A new statutory body should control education and professional standards according to FSC, however it may sideline professional associations seeking self-regulation....
Policy & Regulation
Debate over the Government’s FOFA amendments has distracted Australians from focusing on the real purpose of financial advice, the AFA believes....
Editorial
Mike Taylor writes that Financial Services Council chief executive, John Brogden used his last annual conference address to point to how little the big issues have change...
Financial planning
Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....
People & Products
Anne Fuchs has moved to the newly-created role of Chief Commercial Officer within the AFA....
Financial advisers are being urged to educate their clients about the importance of estate planning....
Financial planning
AFA members will have to abide by six new principles of professionalism, which are set to form a critical part of the AFA’s revised Code of Conduct....
Financial planning
Financial advisers’ high regulatory burden is the product of a system that wrongly fails to distinguish “high risk” and “low risk” advice, an adviser believes....
Policy & Regulation
A central register of advisers could help weed out rogue operators in the financial advice space and rebuild trust in the profession, the Association of Financial Adviser...
Policy & Regulation
A letter written by Senator Mathias Cormann to Clive Palmer confirms the concessions that were necessary to ensure passage of the regulations changing FOFA....
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MARKET INSIGHTS
Podcast
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...