Paul Harding-Davis

Features

InFocus: Why the financial planning industry’s ills grew out of FSR in 2001

As Mike Taylor takes his leave from Money Management, he reflects upon the well-intentioned 2001 legislation which proved to have so many adverse, unintended consequences...

Financial planning

Can advice be a profession with product sales still legislated?

The Corporations Act still dictates that the sale of a product remains integral to the definition of financial advice and regulating around that fact is like trying bang ...

Financial planning

Should wholesale advice clients be treated differently under PI?

Wholesale clients should have the financial capability and knowledge necessary to rely on professional indemnity insurance rather than accessing the proposed new compensa...

Financial planning

Is the ASIC affordable advice review just the first step?

Will the Government initiate an independent review of the legislation and regulation around financial planning based on the findings of the current Australian Securities ...

Financial planning

Do the bidders for AMP Limited really want the planning business?

With AMP Capital representing the jewel in the crown of AMP Limited, what will the bidders for the business have in mind for AMP’s financial planning business?...

Financial planning

Licensees cautious amid continuing FASEA code uncertainty

Financial planning licensees are urging a highly cautious approach on their planners because of the continuing uncertainty around the Financial Adviser Standards and Ethi...

Features

FPA's adviser registration proposal resonates but what will it cost?

Mike Taylor writes that the Financial Planning Association may well have identified a key element of the future of the financial advice industry but no one should overloo...

Financial planning

COVID-19 sees advisers reduce face-time

Both advisers and their clients are opting for telephone and screen-based consultations amid growing fears around transmission of the coronavirus....

Financial planning

Would small IFAs be better off on salary?

Rising authorised representative costs might make it more sensible for independent financial advisers with relatively low turnovers to consider becoming salaried planners...

Features

Future of Advice – new game, new rules

Mike Taylor writes that the Australian financial advice industry is embarking on a transition which will be completed in 2024 with the result that it will be very differe...

Financial planning

Is advice really advice without a product recommendation?

Former dealer group chief executive, Paul Harding-Davis has questioned whether it is possible to separate product from advice when the underlying legislation actually tie...

Financial planning

Has the Royal Commission overlooked an obvious breach?

A former dealer group head and current investment committee chairman believes the Royal Commission and the regulators have failed to identify the practices of some platfo...