financial advisers

Financial planning

Most Financial Planning Association student members coming through are women, who are likely to reshape industry demographics as existing advisers leave the industry. ...

Financial planning

Salaried advisers signal preference for self-employment

While financial advisers have signalled they are generally open to switching licensees, salaried advisers have strongly signalled they are attracted to self-employment....

Policy & Regulation

Want the ASIC levy decreased? Lobby Josh Frydenberg

The Association of Financial Advisers has urged members to directly lobby the Federal Treasurer, Josh Frydenberg if they want ASIC’s proposed levy increase reduced....

Financial planning

Platforms contacting advice clients without adviser knowledge

Some platforms have been contacting clients about potential advice fee changes without the knowledge of their adviser, according to WealthO2....

Financial planning

ASIC explains what justifies calling advisers ‘advisers’

The wrongdoing may have little to do with the provision of financial advice but the Australian Securities and Investments Commission (ASIC) believes that if misdeeds are ...

Features

Advice during COVID-19

Financial advisers have found the greatest benefit of the pandemic has been clients realising the value of their advice, writes Laura Dew, even if it meant them receiving...

Financial planning

Advisers low down on the super fee ladder

Advice fees are comparatively low on the superannuation fee ladder compared to those for administrators and fund managers....

Financial planning

Don’t unnecessarily entangle advisers says FPA

Financial advisers should not be unnecessarily entangled by the Government’s new insurance claims handling legislative framework just because they are taking on a new cli...

Financial planning

Should ASIC provide a templated RoA to reduce advice costs?

The cost of delivering advice could be reduced for both advisers and superannuation funds if the Australian Securities and Investments Commission delivered a templated re...

Financial planning

Time to let advisers use their professional judgement

Financial advisers need to be trusted and empowered to use their professional judgement in circumstances where many are highly educated and have years of experience, acco...

Financial planning

Another 30 advisers head for the exit

There has been a net loss of close to 30 adviser roles, despite the lack of any major market announcements this week. ...

Financial planning

Adviser concern over post-FASEA exam suicide story

Financial advisers have expressed concern over an industry podcast which has revealed how the pressures generated by the Financial Adviser Standards and Ethics Authority ...

Financial planning

ACCC delivers industry funds clean bill of health on advice

Industry superannuation funds have been delivered a clean bill of health on their use of third-party advice services. ...

Financial planning

Advisers numbers already running 15% below historic average

Adviser numbers were already running close to 15% below the industry’s long-term average even before the end of 2020 and before the Financial Adviser Standards and Ethics...

Policy & Regulation

ASIC claims to have planners in its regulatory ranks

The Australian Securities and Investments Commission is insisting it has empathy for financial planning licensees because it has both former advisers and paraplanners in ...