brad fox

Financial planning

Rule changes made planners ‘new’ entrants again

A raft of legislative and regulatory change in the financial planning sector has essentially made long-time advisers feel like new entrants to the profession, according t...

Financial planning

AFA names new national president

The AFA announced it has appointed former AFA Treasurer and NSW director Deborah Kent as national president....

Life/Risk

Associations offer mixed responses to ASIC insurance critique

AFA and FSC form working body while FPA calls for insurance providers to review their offerings...

Policy & Regulation

Trust ‘absolutely critical’ to future of financial advice: AFA

Debate over the Government’s FOFA amendments has distracted Australians from focusing on the real purpose of financial advice, the AFA believes....

Editorial

Industry leadership on education standards

The major institutions are right to take the lead on lifting educational standards in the financial planning space....

Editorial

Ground hog day

Mike Taylor writes that Financial Services Council chief executive, John Brogden used his last annual conference address to point to how little the big issues have change...

Financial planning

Tough ASIC report on churn expected

Life/risk advisers are bracing themselves for ASIC to issue a tough analysis of churn and lapse rates....

Financial planning

AFA sets out minimum professional practice and ethical standards

AFA members will have to abide by six new principles of professionalism, which are set to form a critical part of the AFA’s revised Code of Conduct....

Policy & Regulation

Central register could restore trust in advice: AFA

A central register of advisers could help weed out rogue operators in the financial advice space and rebuild trust in the profession, the Association of Financial Adviser...

Policy & Regulation

AFA thankful FOFA reforms will stand

The Association of Financial Advisers has thanked the Palmer United Party “for its proactive action” in voting down a move to disallow the Government’s FOFA reforms....

Policy & Regulation

Treasury disowns key FOFA research

Senior Treasury officials deny the Treasury has endorsed ISA-sponsored Rice Warner research on FOFA implications....

Policy & Regulation

'Can you trust ISA on FOFA?’: AFA

Questions are being asked about Industry Super Australia’s integrity after its 'Compare the Pair’ advertising campaign was labelled as potentially misleading by ASIC....

Policy & Regulation

Cormann’s FOFA reforms plan gets mixed reaction

Industry lobbyists are giving the Federal Government’s decision to plough ahead with the implementation of some elements of the Future of Financial Advice reforms a mixed...

Financial planning

Grandfathering still hindering quality advice

The grandfathering problems that plagued the advice space a year ago continue to stymy advisers and remain heavy burden on consumer choice, the Association of Financial A...