AFA

Financial planning

Could industry see a merger of adviser organisations?

A merger between Association of Financial Advisers and Financial Planning Association of Australia is “not off the table” but will be driven by their members’ demands....

Financial planning

AFA opposes experience pathway 'clean record' requirement

The Association of Financial Advisers (AFA) is opposing the Government’s ‘clean record’ requirement under its proposed experience pathway as there would be too many unkno...

People & Products

AFA appoints Practitioner Community of Practice chairs

The Association of Financial Advisers (AFA) has appointed a new chair and deputy chair of its Practitioner Community of Practice designed to provide a forum for financial...

Financial planning

AFA proposes graduated pathway for experienced advisers

The Association of Financial Advisers has proposed an alternative graduated pathway for experienced advisers to avoid the introduction of the proposed pathway which it wo...

Financial planning

Should product providers be mandated to provide independent advice?

There needs to be mechanisms in place to encourage Australians to understand investment risks they are taking and to consider other forms of protection, industry associat...

Financial planning

AFA’s Anderson positive on advice profession

The financial advice profession is seeing a move away from legislation implementation and the Association of Financial Advisers’ new chief executive is hoping this will l...

Financial planning

Adviser losses disappointing but not unexpected

The financial advice industry is finishing the year with a loss of 2,189 advisers, however the worst is yet to come, according to Wealth Data....

Financial planning

Associations welcome Govt education relief

While the change may be a disappointment for advisers who have already committed to complete additional study, it is important the changes do not undermine the recognitio...

Financial planning

Can social media positively impact advice?

Despite the level of misinformation on social media, it can still be a reliable gateway for people to get involved with professional, regulated advice....

Financial planning

Exam candidates have until end of year to come off FAR

Those who have not passed the adviser exam and are ineligible for the extension have until the end of the year to come off the Financial Adviser Register to avoid being c...

Financial planning

ASIC levy relief ‘biggest win’ for 2021

Relief from the corporate regulator levy, which could have tripled in three years without action, is the biggest win for the industry this year, according to the Associat...

Financial planning

Advisers finding new homes in support roles

Advisers who do not want to complete the Financial Adviser Standards and Ethics Authority requirements are finding a new home by taking on support roles at practices, acc...

Financial planning

Standard 3 amendment likely to be only change by FASEA

Given the education authority will transfer to Treasury in 2022, amendments to its code of ethics will likely be limited to Standard 3 given it has not indicated consulta...

Financial planning

Do women feel they belong in the industry?

With women only making up a fifth of adviser roles, the industry needs to help make it appeal to women by making it safe and inclusive, according to a panel....