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....

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...

Financial planning

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

Accounting

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

Life/Risk

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

People & Products

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

Accounting

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

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....

Accounting

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

Superannuation

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

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...

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....

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. ...

Financial planning

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

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?...

5 months ago

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

5 months 1 week ago

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

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks ago

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ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

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