AFA

Financial planning

Ending grandfathered trails will enrich banks, not clients

The Association of Financial Advisers has warned that summarily ending grandfathered trailing commissions would create a legal/commercial quagmire which may end up benefi...

Financial planning

FASEA exam acknowledged as a culling mechanism

The Association of Financial Advisers has acknowledged that the financial adviser exam will likely act as a culling mechanism for inadequate advisers but has urged that t...

Financial planning

Minister to be told of FASEA failings

The Association of Financial Advisers has vowed to inform the Assistant Treasurer, Stuart Robert, of the lack of progress achieved by the Financial Adviser Standards and ...

Policy & Regulation

Has FASEA devalued prior experience?

The Association of Financial Advisers has expressed concern at the impact of the Financial Adviser Standards and Ethics Authority denying higher education providers the r...

Policy & Regulation

Was FASEA’s adviser code written by non-advisers?

The Association of Financial Advisers has warned that not enough financial advice experience and understanding has been applied to developing the Financial Adviser Standa...

Financial planning

Major financial planning bodies sign on to develop code monitoring solution

Six major financial planning associations have signed on to develop a code monitoring solution for their members. ...

People & Products

AFA Inspire appoints national chair

The Association of Financial Advisers has appointed a national chair of AFA Inspire. ...

Financial planning

Give professional associations leadership on CPD says SMSF Association

The Financial Adviser Standards and Ethics Authority has been urged to give professional associations leadership on continuing professional development with the SMSF Asso...

Financial planning

FASEA could turn advisers into money coaches

Financial advisers worried about the incoming education reforms could restructure their business to become money coaches. ...

Financial planning

FASEA timing ‘absolutely unreasonable’ says AFA

The Association of Financial Advisers has accused the Financial Adviser Standards and Ethics Authority of being ‘absolutely unreasonable” with respect to its start-date f...

Financial planning

FASEA’s CPD expectations ‘totally unreasonable’

Deakin University Professor, Adrian Raftery, has slammed the Financial Adviser Standards and Ethics Authority for its unreasonable expectations in terms of continuing pro...

Financial planning

Industry exclusion faces recalcitrant planners

Financial planners who breach the industry’s new code of conduct will face the ultimate sanction of exclusion from the industry under arrangements outlined in a new Finan...

Financial planning

Advised clients best placed on franking credit removal

People receiving financial advice are going to be better placed to deal with any move by a future Labor Government to remove refundable franking credits, according to the...

Financial planning

FASEA fleshes out degree requirements

The Financial Adviser Standards and Ethics Authority has sought to put flesh on the bones of its new regime by releasing the relevant provider degrees, qualifications and...

Financial planning

FPA issues careful FASEA blueprint response

The Financial Planning Association has issued a carefully measured response to the latest Financial Adviser Standards and Ethics Authority blueprint, arguing it needs mor...