ASSOCIATION OF FINANCIAL ADVISERS

Financial planning

The majority report of the PJC clears the way for TASA legislation with the only concession being a transition period....

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Financial planning

The financial planning industry is not expecting a bipartisan report from the Parliamentary Joint Committee (PJC) reviewing the Tax Agents Services Act (TASA) legislation...

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Financial planning

FSC places $1 billion price tag on TASA implementation as PJC weighs competing submissions from accounting and planning industries....

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Accounting

Accounting bodies claim Government’s concessions to planners on TASA are a negative outcome for consumers....

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Life/Risk

AFA insists any examination of churn and self-regulation must look beyond the adviser channel....

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People & Products

The AFA has appointed Deborah Kent to its board as NSW director, replacing Mark Hoskin....

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Accounting

CPA and ICAA argue against any delay to TASA implementation, claiming it will generate consumer uncertainty....

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Life/Risk

The Federal Opposition says that so far as churn exists in the life/risk sector it should be subject to a self-regulatory approach....

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Accounting

FPA and AFA make last-ditch call for financial planner elements of TASA bill to be removed to allow appropriate review....

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Superannuation

Super contribution cap welcomed for older workers but slug on higher earners is disincentive and adds complexity to system...

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Superannuation

Corporate super advisers will need to team up with super fund administrators to ensure a continuation of their revenue stream as a result of the combined effects of the F...

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Financial planning

AFA chief executive Brad Fox says the AFA will re-engage with the FSC around churn but that the major insurers must also ante up....

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Life/Risk

ASIC will spend the next 12 months focusing intensely on churn, according to the senior executive leader of the financial advisers team, Joanna Bird. ...

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Financial planning

Only the Coalition in the Senate stands between the passage of the legislation enshrining ‘planner’/‘adviser’....

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Financial planning

Financial advisers who focus on communication with clients benefit at the bottom line...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 weeks 1 day ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 6 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

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