AFA

Financial planning

Are product providers pre-empting planners?

The Association of Financial Advisers has warned its members that product providers are unilaterally contacting clients regarding ongoing adviser fees and services....

Financial planning

AFA urges opt-in on grandfathering

The Association of Financial Advisers has urged the Federal Government to allow clients to opt-in to grandfathered arrangements and to carve-out particular products such ...

People & Products

Young professionals join forces for industry-first event

Young industry members have come together to create an industry-first event to support young professionals in the industry....

Financial planning

AFA hits Hayne on intra-fund advice failing

The Association of Financial Advisers has accused Royal Commissioner, Kenneth Hayne, of a failure to acknowledge the value of advice and a failure to understand the confl...

People & Products

TAL wins AFA’s Life Company of the Year title

TAL Life has taken out AFA’s Life Company of the Year award for the second year in a row at the Association of Financial Advisers’ Life Company of Year Awards....

Editorial

Hayne’s findings important but not without flaw

The chief executive of the Financial Planning Association (FPA), Dante De Gori is absolutely right to urge the major parties against turning the final recommendations of ...

Financial planning

AFA accuses RC of confusion on conflicted remuneration

Association of Financial Advisers executive, Phil Anderson has pointed to flaws in the final report of the Royal Commission and suggested it was confused on the issue of ...

Financial planning

AFA points to remuneration conflicts

The Association of Financial Advisers has pointed to the problematic nature of the new Financial Adviser Standards and Ethics Authority Code of Ethics in circumstances wh...

Financial planning

AFA says RC hit the wrong targets

The Association of Financial Advisers has claimed the Royal Commission failed to hit what it was aiming at and, instead, has impacted small financial advisers and mortgag...

Financial planning

Will planning execs face prosecution?

The question at the forefront of many minds in the financial planning industry is whether any individual executives will face prosecution as a result of key decisions on ...

Financial planning

Value-focused fees see firm’s clients grow post-RC

Ahead of the Royal Commission’s final report’s release on Monday, advisers could benefit from considering a fee structure that places the value clients receive from advic...

Financial planning

Advisers need to unite to enlighten consumers on trust

The planning industry faces an obstacle in ensuring consumers are aware that advisers are improving their education standards, if it wants to see the possible improvement...

Financial planning

80% of advisers say BID improves advice

Four out of five advisers believe that the Best Interests Duty has been necessary to raise industry standards, with the compliance regime improving their confidence in th...

Financial planning

Has FASEA omitted a key piece of info?

The Financial Adviser Standards and Ethics Authority has seemingly omitted the ‘Graduate Outcome Statements’, referred to in FPS002 Program and Provider Accreditation Pol...

Financial planning

Degree qualified advisers still alarmed by FASEA pathways

A number of financial advisers have reacted angrily to the latest Financial Adviser Standards and Ethics Authority education pathways policy claiming it allows insufficie...