financial advisers

Financial planning

FASEA answer holds line on code of ethics

Financial advisers are being asked to do no more than other professions in terms of assessing their obligations under Standard 3 of the adviser code of ethics, according ...

Financial planning

Impact of reforms on planners is ‘catastrophic’

After two decades of stress and pressure from reforms, planners are now facing their own economic uncertainty as many will exit the industry in the new year, according to...

Financial planning

Advisers can deepen client relationships with model portfolios

Advisers can use model portfolios to free up time to build and maintain relationships with clients, according to State Street Global Advisors....

Financial planning

Obtaining PI is a problem and ASIC knows it

The Australian Securities and Investments Commission has formally acknowledged that some advisers are struggling to obtain professional indemnity insurance, but the regul...

Financial planning

Lonsec launches new ESG rating

Financial advisers will be able to identify which ‘sustainable’ products would align with their clients’ values....

Financial planning

AFCA will use FASEA code

The Australian Financial Complaints Authority has said it will take the Financial Adviser Standards and Ethics Authority code of ethics into account in making its determi...

Policy & Regulation

FPA urges personal best interest duty for mortgage brokers

Mortgage brokers themselves rather than credit licensees should be made to honour a best interest duty to clients, according to the Financial Planning Association....

Financial planning

Majority of Australian retirees don’t have a financial adviser

Most Australian retirees are not involved with any financial professionals and navigate their way through their retirement finances independently, according to Franklin T...

Policy & Regulation

AustralianSuper frequent flyer offer prompts concern

A new frequent flyer promotion by AustralianSuper has generated criticism from some financial advisers....

Financial planning

Labor Parliamentarians sympathetic on FASEA extension

Lobbying by financial advisers has revealed that at least some Federal Labor parliamentarians are sympathetic to allowing passage of the legislation necessary to deliver ...

Financial planning

AFA recommends limited adviser role for TPB

The Association of Financial Advisers has recommended a limited advisory role for the Tax Practitioners Board in the advice space while, at the same time, pointing to maj...

Financial planning

Mid-tier advice groups rise as adviser numbers fall

The overall number of planners employed by the top financial planning groups has dropped 10% year-on-year, according to Money Management’s survey....

Expert Analysis

Why advisers need to strengthen connections with their clients

MetLife’s Michael Mulholland on how firms ensure clients want to stay with their adviser and how they can demonstrate value in their work....

Financial planning

Are advisers able to satisfy client needs for aged care?

There is a strong demand for aged care advice, according to a recent Australia Securities and Investments survey tracking consumer demands, calling into question if advis...

Financial planning

Grandfathering – ASIC relied on sample-based data

The Australian Securities and Investments Commission has admitted that its earlier pronouncements on ending grandfathered commissions was based on sample-sized data....