Like with online dating, advisers need to differentiate themselves to attract their chosen target market and avoid being judged only on fees, according to an adviser....
Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form....
A professional year entrant says they were blown away to learn hairdressing used to require more training than advice as the standards authority says the industry is now ...
The draft legislation for the Better Advice Bill has outlined the Financial Services and Credit Panel will convene on serious matters, but the Association of Financial Ad...
Advisers need to step up and deliver financial advice in the same way that consumers are interacting with their finances....
Advisers will have the opportunity to show their value as the performance test will be a catalyst for member engagement....
Robo-advice is the future of financial advice and can create a “fantastic” pipeline of clients for full-service advice, according to Jane Hume. ...
The corporate regulator also expects its focus on financial advisers to decline and looks to provide better examples of records of advice to decrease the compliance burde...
Failure to recognise advisers’ prior learning is a waste of resources, according to Labor’s Stephen Jones. ...
Advisers are being threatened by both increasing regulation and higher educational standards, with the Association of Financial Advisers calling for a “regulatory reset”....
Before changing fee structures, there is plenty advisers can do to improve profit by fixing business efficiencies, according to a panel....
Under 40% of financial advisers are members of the largest professional body representing financial planners in Australia, according to data....
The Government is seeking to make amendments to the design and distribution obligation regime including removing the requirement for advisers and licensees to report whet...
Around 12% of the association’s expenditures in FY21 has been on advocacy of financial advice which has been a “huge undertaking” due to overwhelming regulatory reform me...
Successful litigation against NAB, Westpac and Dixon Advisory could add enough to the corporate regulators coffers to cover the difference from the reduced levy....
trustees are already requesting such confirmations when advisory fees (even via fixed term agreements) are deducted from...
CSLR should be broken down into 2 sub sectors, one for product manufacturers and one for financial advisers. Product ma...
We must stand up and show our opposition to both the ASIC Levy and CSLR as they both contribute to the high cost of advi...