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| | | ... lapsed in April this year, would not have covered managed investment schemes," Abood said. "This would leave financial planners to foot most of the bill for a scheme that would have left the majority of affected consumers unprotected." At present there ... |
| | | | ... process to ensure the continuing professionalisation of financial advice," FPA chief executive Sarah Abood said. "Financial planners currently face considerable uncertainty regarding future professional standards, and many have paused or postponed studies ... |
| | | | ... meeting in April. The merger is a natural step given the TAA is itself the result of the merger of the AMP Financial Planners Association and Hillross Advisers Association in 2020. TAA chief executive Neil Macdonald welcomed the body and its members. ... |
| | | | ... Covenant earlier this year was eagerly welcomed by the likes of the Financial Planning Association of Australia; "financial planners now look forward to their clients having the ability to access a broader range of options." A recent survey by Natixis ... |
| | | | ... led Asgard, AdvisorNetGain, BT Wrap, Perpetual and MLC." "He is also highly respected by dealer groups and financial planners and led many advice businesses." Lloyd is also excited to join the company, saying: "I am a true believer in the need to use ... |
| | | | ... membership to achieve practical change and respect for our profession. There are a number of challenges still facing financial planners and I will work to be an advocate for our members and their clients," he said. "As a practitioner, I am acutely aware ... |
| | | | ... MySuper products, and left them in accounts with unnecessarily high fees, bearing the cost of commissions to financial planners, and receiving lower investment returns. MySuper law reforms required CFS to move members to these cheaper options, which ... |
| | | | ... compliance-heavy advice process that advisers are required to comply with. "It will also set a framework enabling financial planners to provide affordable, engaging, scalable and professional advice," she said. John Maroney, the chief executive of the ... |
| | | | ... feedback around the CFP Certification Program, particularly around the practical application. The program equips financial planners with the skills to deliver the highest quality of advice to Australian consumers." |
| | | | ... elimination of layers of legislation that advisers face that ultimately comes at the expense of consumers. "Financial planners are not lawyers, but it may be that the regulatory and compliance requirements under one Act and Regulator differ from those ... |
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