The organisation would now be known as the Stockbrokers and Investment Advisers Association as not all of its members provided financial advice....

Advisers providing personal advice may have an exemption regarding complying with Target Market Determination but confusion remains around proving the use of the informat...

The Stockbrokers and Financial Advisers Association (SAFAA) has urged the Australian Law Reform Commission (ALRC) to consider stockbrokers as distinct from financial plan...

Advisers who have moved away from servicing retail clients could struggle and require further costs and education if a move goes ahead to reclassify wholesale investors, ...

Extending the Compensation Scheme of Last Resort to wholesale investors could open up ‘gaming’ of the system by those who could afford court costs, according to the Stock...

The financial advice industry needs to keep experienced advisers to mentor the next generation, especially when there is a market crash, and to curb clients being orphane...

The organisation believes a review into professional indemnity insurance is crucial before a compensation scheme of last resort can be filed, in order to identify sources...

The Government should be regulating finfluencers and they are not the same as getting advice from a taxi driver or guy “at the pub”, according to the Stockbrokers and Fin...

The Stockbrokers and Financial Advisers Association has welcomed the report that led to the corporate regulator putting additional licence conditions on the Australian Se...

Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form....

While the Government has called the inquiry “urgent”, what is perhaps more urgent is handling the advice industry given droves of advisers are leaving the industry due to...

First-time investors currently sourcing information from social media should not be shut out of receiving financial advice in the future as a result of public policy. ...

The unmet advice needs gap brought by the increasing regulatory burden will diminish access to investment opportunities and inevitably impact capital concentration and co...

Industry bodies have welcomed the Government’s decision to implement a temporary reduction in cost recovery levies for the next two years, as well as a review of the indu...