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Financial planning

Adviser loss drastically outpacing PY entrants

The amount of new professional year entrants is less than a tenth of the total amount of advisers that have exited the industry this year. ...

Financial planning

Women still largely underrepresented among planners

Almost 80% of financial planners, who are registered under the Australian Securities and Investments Commission’s Financial Adviser Register, are men. ...

Features

InFocus: Will commercial reality drive consolidation of planning organisations?

The two largest financial planning organisations have increasingly been singing from the same hymn book in delivering their policy messages to Canberra but they are still...

Financial planning

AMP confirms revamp as advisers numbers continue to drop

The latest ASIC Financial Adviser Register has highlighted further losses of advisers, with current adviser roles dropping to below 21,500 while the numbers of planners w...

Features

InFocus: A major step in professionalising financial advice

The passage of an extension of time for financial advisers to comply with FASEA education requirements in the Senate was a step towards a more professional advice system,...

Financial planning

FASEA confirms 2020 exam dates

FASEA has confirmed the dates for the remaining 2020 exam sittings which will be held in August, October and November. ...

Financial planning

FASEA Feb exam sees 82% pass rate

The February sitting of the FASEA exam saw a pass rate of 82% and the June exam will not have a face-to-face sitting....

Policy & Regulation

FSC warns of increased expense under Financial Accountability Regime

Experience in the United Kingdom suggests it may be a lot more expensive to recruit and retain senior executives under the Government’s proposed new Financial Accountabil...

Policy & Regulation

Would you work for a super fund if your salary was at penalty risk?

Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...

Policy & Regulation

Government outlines extension of BEAR to super funds

Superannuation fund executives and trustees will find themselves the subject to the equivalent of the Bank Executive Accountability Regime under proposals outlined by the...