Practice Growth
Industry governance, association activity, and self-regulation across Australian financial advice and asset management.
'Let professionals be professionals': The call ahead of Quality of Advice Review
Given the flood of changes and regulatory oversight that has resulted from the Royal Commission, it likely comes as a surprise to many that the impending...
Financial Services Council flags priorities for Advice Review
There is growing pressure on the long-awaited Quality of Advice review to deliver real change to an industry that has been saddled with layer after layer of...
Ombudsman seeks to simplify complaint treatment
The Australian Financial Complaints Authority, the external dispute resolution group of which all financial advisers must be members, this week announced...
Funding model, wholesale test lead FPA's election platform
The Financial Planning Association (FPA) has outlined its policy platform, or target areas for the next Federal Government.
Stockbrokers association drops financial advice monitor
The Stockbrokers and Financial Advisers Association (SAFAA) is changing its name to the Stockbrokers and Investment Advisers Association (SIAA). The subtle...
Quality of advice terms confirmed, appoints Levy as Chair
Year after year of growing compliance requirements placed on the financial advice sector likely came to a crescendo with the Financial Services Royal...
Abolish safe harbour, increase wholesale to $5m should be priorities
The Financial Services Council, which represents more than 100 member companies and is the peak body for the corporate financial services sector this week...
Senate inquiry highlights challenge facing advisory market
The Compensation Scheme of Last Resort, or CSLR, has become something of a lightning rod for the finance industry in 2022; and yet we are less than a month...
Dixon Advisory files for voluntary administration
On Wednesday, Dixon Advisory & Superannuation Services, the division of ASX-listed E&P Financial Group (ASX:EP1) that was focused on delivering...
ASIC launches financial advice hub
These days, becoming a financial adviser is no easy feat. Following the banking and financial services Royal Commission, the bar was raised, with higher...
As adviser numbers dwindle, pressure turns to industry funds
As the FASEA exam deadline of 1 January 2022 nears, the significant impacts on the financial advice industry continue to garner headlines. According to...