financial advisers

Financial planning

As licensees continue to clean up their books before 30 June, this week saw a departure of 58 advisers, according to HFS Consulting. ...

Superannuation

SMSF scammers posing as financial advisers

The scammers are promising high returns of 8% to 20% per annum if the investors moved their super balance to a new self-managed superannuation fund. ...

Financial planning

Demand for advice jumps from younger clients

Financial advice is seeing appeal from younger investors with deVere Group seeing a 54% jump year-on-year in enquiries from under-30s. ...

Financial planning

Aussie advisers see lowest rate of ESG requests globally

Despite 83% of individual investors wanting investments that align with their values, just 16% of financial advisers in Australia say they have been asked about environme...

Financial planning

Centrepoint introduces fee model for part-time advisers

Advisers on maternity leave, paternity or otherwise looking to work part-time are being offered a flexible fee model by Centrepoint Alliance....

Financial planning

ASIC considers regulatory relief for limited advice ROAs

Responding to adviser submissions, the Australian Securities and Investments Commission has confirmed it is considering providing regulatory relief so that advisers can p...

Financial planning

Women could fill advice gap

Most Financial Planning Association student members coming through are women, who are likely to reshape industry demographics as existing advisers leave the industry. ...

Financial planning

Salaried advisers signal preference for self-employment

While financial advisers have signalled they are generally open to switching licensees, salaried advisers have strongly signalled they are attracted to self-employment....

Policy & Regulation

Want the ASIC levy decreased? Lobby Josh Frydenberg

The Association of Financial Advisers has urged members to directly lobby the Federal Treasurer, Josh Frydenberg if they want ASIC’s proposed levy increase reduced....

Financial planning

Platforms contacting advice clients without adviser knowledge

Some platforms have been contacting clients about potential advice fee changes without the knowledge of their adviser, according to WealthO2....

Financial planning

ASIC explains what justifies calling advisers ‘advisers’

The wrongdoing may have little to do with the provision of financial advice but the Australian Securities and Investments Commission (ASIC) believes that if misdeeds are ...

Features

Advice during COVID-19

Financial advisers have found the greatest benefit of the pandemic has been clients realising the value of their advice, writes Laura Dew, even if it meant them receiving...

Financial planning

Advisers low down on the super fee ladder

Advice fees are comparatively low on the superannuation fee ladder compared to those for administrators and fund managers....

Financial planning

Don’t unnecessarily entangle advisers says FPA

Financial advisers should not be unnecessarily entangled by the Government’s new insurance claims handling legislative framework just because they are taking on a new cli...

Financial planning

Should ASIC provide a templated RoA to reduce advice costs?

The cost of delivering advice could be reduced for both advisers and superannuation funds if the Australian Securities and Investments Commission delivered a templated re...