financial advisers

Financial planning

Has Govt realised it went too far on financial advice?

The Government and the regulator are showing signs that they now understand they have gone too far in driving up the cost of financial advice, according to panellists at ...

Financial planning

Leeway urged on opt-in for locked down clients and advisers

The Government should provide financial advisers with some flexibility with respect to opt-in arrangements as they seek to deal with another round of lockdown, according ...

Financial planning

FASEA consulting on 3-month CPD relief

FASEA has opened for consultation its proposal to grant advisers an additional three months to meet the 40-hour CPD requirement....

Financial planning

Adviser exodus continues

The adviser exodus from the industry has continued in the second quarter of the year, with more than 800 leaving the industry from the start of April. ...

Financial planning

FASEA confirms 2020 exam dates

FASEA has confirmed the dates for the remaining 2020 exam sittings which will be held in August, October and November. ...

Financial planning

FPA’s plan receives Hume nod if it delivers a profession

If the Financial Planning Association can prove its proposals for individual adviser registration will hasten the development of a profession and the separation of advice...

Financial planning

Key licensees hit back at FPA adviser registration proposal

The Financial Planning Association’s proposals to have adviser registration over-ride licensing has run into a backlash from key financial planning licensees who say they...

Life/Risk

How COVID-19 baulked the Agreed Value rush

The efforts of many clients and their life/risk advisers to write Agreed Value income protection cover before the 1 April deadline were stymied by the job COVID-19 job lo...

Financial planning

Report intra-fund advice problems to ASIC says Hume

Financial advisers should report any concerns they have about superannuation funds breaking the intra-fund advice rules to the Australian Securities and Investments Commi...

Financial planning

ASIC bundles advisers in with early release scammers

Financial advisers have been lumped in with people the Australian Securities and Investments Commission alleges are involved in inappropriate behaviour around superannuat...

Financial planning

Advisers pragmatically offloading unprofitable clients

New market analysis has confirmed that while many advisers are leaving the industry, those that remain are culling clients they regard as unprofitable or hard to service....

Funds management

Advisers want coalface information from fund managers

Pendal Group has had a better half than most in the face of the COVID-19 market volatility and advisers have been seeking high levels of detail about why. ...

Financial planning

FASEA still on notice to explain code of ethics consultation

The Financial Adviser Standards and Ethics Authority remains on notice from a key Parliamentary Committee to explain the consultative processes it used to reach the Finan...