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Experience pathway to perpetuate poor advice industry image: FPA

Implementing the current proposal for ‘experienced’ advisers to skip the relevant degree mandate will do far more harm than good, the association argues, with both current and future advisers turned off by the plan.

Tahn Sharpe | 13th Oct 2022 | More
FPA/AFA cultural divide ‘more perception than reality’: Abood

CEOs at the soon-to-merge associations say the two groups have become more aligned over the years. AFA members are no longer die-hard ‘riskies’, and the FPA membership base has come a long way from its institutional adviser roots.

Tahn Sharpe | 8th Sep 2022 | More
‘Good advice’ duty suits lawyers & product issuers more than advisers

As romantic as it may be to proclaim the emergence of an advice profession and to suggest that a ‘good advice’ duty is a panacea for systemic failures, the retreat of institutional licensees from advice is not necessarily evidence of our capacity for self-regulation.

Sean Graham | 5th Sep 2022 | More
  • ‘Now’s the time’: FPA, AFA announce merger plans

    Prompted by advice industry rationalisation, the Levy review and the need for a united voice in Canberra, the two major associations will invite members to provide feedback on a proposed merger.

    Tahn Sharpe | 1st Sep 2022 | More
    FPA calls for ‘true’ professional regulation of financial advisers

    As part of the government’s commitment to ensure Australian’s can access quality financial advice, a new disciplinary system for financial planners has been proposed that includes a raft of changes including many previous roles falling under Treasury and ASIC coverage.   The Financial Planning Association of Australia (FPA) has thrown its support for the Government’s…

    Ishan Dan | 20th May 2021 | More
    Australian Super picks executive

    Australian Super has appointed former Coles executive Sarah Adams as group executive, strategy, brand and reputation. She joins from Bushfire Recovery Victoria where she was executive director of communications and stakeholder relations. Prior to that, she was general manager of corporate affairs at Coles and held senior leadership positions within the Federal Government. First Sentier…

    Contributor | 3rd Jun 2020 | More
  • Advisers inundated with early release super enquiries

    Strongly divided views about the wisdom of using the early release from superannuation have prompted large numbers of fund members to seek the advice of financial planners. Losing insurance cover, reducing retirement benefits and crystallising losses are the main issues commentators have highlighted. According to AMP’s technical adviser support team, early release of super was…

    Contributor | 6th May 2020 | More