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Showing 111 - 120 of 982 results for "Financial Planning Associatio"

Better Advice regulations hit parliament

KARREN VERGARA  |  FRIDAY, 25 JUN 2021
Financial advice regulatory reforms that include establishing one disciplinary body and giving ASIC greater powers over the industry are closer to becoming law. The minister for superannuation, financial services and the digital economy Jane Hume introduced ...

FPA to manage $1.5m scholarship mandate

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
The federal minister for women has awarded the Financial Planning Association of Australia a mandate to deliver $1.5 million worth of scholarships. The scholarships, which are part of the Women's Leadership and Development Program, aim to assist more ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
ASIC will potentially provide leeway in the imminent annual renewal law, by not taking regulatory action against financial advisers who fail to provide a financial disclosure statement. The Association of Financial Advisers (AFA) has identified practicality ...

Former adviser charged with $3.3m fraud

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
A former Sentinel Wealth financial adviser with a gambling addiction has been charged with stealing $3.3 million from clients. New South Wales Police confirmed to Financial Standard that Gavin Fineff was charged with 18 offences of dishonestly obtaining ...

Draft advice reforms not enough: FPA

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAY 2021
The Financial Planning Association of Australia used its submission on the single disciplinary body for financial advisers to renew calls to remove the Tax Practitioners Board as a regulator of the sector. While the association welcomed the plan to ...

Advice practices set to benefit from tax cuts

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
Small business owners, like financial planners, are set to benefit from the 30% tax rate reducing to 25% from 1 July 2021. Federal treasurer Josh Frydenberg also announced last night that temporary full expensing has been extended until 30 June 2023. ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
ASIC has confirmed it will not be recommending changing the label of 'general advice', after independent research commissioned by the regulator found such a move is unlikely to prevent consumer confusion. Both the Financial System Inquiry's ...

Milford hires from Macquarie

ELIZABETH MCARTHUR  |  TUESDAY, 4 MAY 2021
New Zealand-based investment firm Milford Asset Management has appointed a head of wholesale distribution and more as it expands its team. Murray Pell has been appointed head of wholesale distribution, joining from Macquarie Bank where he was responsible ...

FPA launches file note guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
The Financial Planning Association of Australia (FPA) has released new guidance on best practice for file notes. File notes are important as a risk management tool, especially in disputes between clients and financial advisers, and the FPA said recent ...

Advice association chief steps down

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
The chief executive of the Association of Financial Advisers has stepped down after four years in the role. Phil Kewin has led the AFA since 2017, having succeeded Brad Fox as chief executive in March of that year. He said the time is right to hand ...