financial advisers

Financial planning

AFA hits back at ‘inaccurate’ education claims

The AFA has sought to correct a daily newspaper article which claims advisers can obtain a Fellow Chartered Financial Practitioner (FChFP) designation without completing ...

Financial planning

ASIC claims licensee changes not creating consistent advice standard

ASIC has reiterated its calls for a national exam stating that recent changes around education still did not guarantee a consistent national standard for advice....

Policy & Regulation

Adviser starts campaign to seek apology from Lambie

A Perth based financial planner has begun a campaign to seek an apology from independent senator Jackie Lambie after she labelled financial advisers as ‘unscrupulous’....

Financial planning

Advisers’ technical abilities rated highly by consumers

Consumers have high regard for financial advisers’ “technical abilities”, but their trust in the profession has been shaken in recent months, new research reveals. ...

Financial planning

The Emotionally Intelligent Adviser

Emotional Intelligence is increasingly becoming a critical skill set for advisers, not just to improve client relationships, but to stay in business, Wayne Lear writes....

Financial planning

Grandfathering changes garner industry support

Industry organisations have applauded parliament’s restoration of the grandfathering provision in the latest round of the FOFA reforms, claiming it overturned a rule that...

Policy & Regulation

Planners told to get over horse and cart

Planners are accused of hanging on to horse and cart in their resistance to FOFA changes....

Financial planning

Advisers urged to take mental health seriously

Financial advisers need to pay close attention to the mental health of their colleagues and clients, Affinia general manager, Craig Parker believes....

Financial planning

Banned adviser jailed for stealing shares worth $1.5m

A former financial adviser has been jailed after being found guilty of stealing shares worth almost $1.5 million to meet margin calls on his mother’s margin lending accou...

Financial planning

Swanson appointment Chair of AFA Inspire

Prominent Financial Services director, Christine Swanson recognised with chair of AFA Inspire....

Policy & Regulation

FOFA disallowance reduces affordability of advice: FSC

Fewer Australians will be able to afford to obtain financial advice following the Senate’s decision to disallow the Government Future of Financial Advice regulations, the...

Financial planning

Advisers should get SMSF-specific training

AMP SMSF has backed calls for making it compulsory for financial advisers to undertake specific training if they are going to advise on SMSFs....

Financial planning

SMSF advice open to consolidation

New research suggests SMSF advice is a prime area for consolidation....

Financial planning

Advisers need to change how they communicate risk

Advisory firms will need to examine how they communicate risk to clients under FOFA and not trust that old methods will still be suitable in the future. ...

Funds management

Examine 10 year performance for true returns picture

Financial advisers should examine the ten year performance of fund managers as market failures and bubbles often take more than five years to full play out....