financial advice

Editorial

What financial planners must do to become a profession

To be regarded as a serious profession, the industry must differentiate between properly qualified financial planners and those with lesser qualifications, writes Mike Ta...

Policy & Regulation

Smaller players exposed by FOFA, say analysts

While Australia’s big wealth management firms are well placed to adjust to the FOFA reforms, the smaller players will struggle....

Financial planning

Planners should fall under TPB, says NIA

Financial planners should be licensed under the Tax Practitioners Board (TPB) like any other industry that provides limited or other tax agent services, according to the ...

Editorial

Efficiency is key when choosing financial advice software

Efficiency is key when it comes to choosing financial advice software, writes GEM Capital's Mark Draper....

Financial planning

Regulator reviewing industry entry standards

The entry-level requirements for the provision of financial advice may soon be lifted from their very low base, with the corporate regulator undertaking consultation with...

Financial planning

Government unveils financial advice advisory panel

The Federal Government has revealed its 16-member advisory panel for financial advice and professional standards....

Financial planning

AFA members ante up for advice campaign

The AFA has moved to the business planning stage of a pro-advice advertising campaign on the back of strong financial support from members....

Financial planning

Infocus advice system to reduce cost of advice

Infocus Money Management has launched a client management system that it says will dramatically reduce the cost of providing advice by producing advice documents more qui...

Editorial

How financial advice regulators are missing the mark

Regulators perpetually struggle to create a healthy environment for the provision of financial advice, however, Robert Keavney identifies several areas where they have mi...

Financial planning

Merged AMP/AXA to have advice at heart

AMP’s Dunn declares the merger with AXA AP will see a company with financial advice at its heart....

Financial planning

Gold Coast adviser banned for pushing own products

The Australian Securities and Investments Commission has banned a former Gold Coast adviser for 10 years after investigations into the advice she gave relating to investm...

Financial planning

Fiduciary duty could polarise industry

The introduction of a statutory fiduciary duty for advisers could see the financial services industry return to the agent and broker models of its roots....