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Showing 151 - 160 of 182 results for "Financial Advice Association"

Adviser demand up as industry turns corner: Recruiter

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... sophisticated clients with complex servicing requirements. The strong demand for advisers was echoed by Financial Advice Association Australia (FAAA) chief executive Sarah Abood, who said with the exit of advisers, the staggering demand for advice is ...

FAAA celebrates membership renewals, anticipates more

ANDREW MCKEAN  |  TUESDAY, 4 JUL 2023
The Financial Advice Association Australia (FAAA) has received over 8700 membership renewals, with more to come, according to chief executive Sarah Abood. The end of financial year marked a critical membership juncture for the association, Abood noted. ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... confirming the adviser levy freeze would not continue. In response to the tripling of the levy, the Financial Advice Association Australia (FAAA) called for the freeze to be reinstated, particularly given the recommendations from the recent review of ...

FAAA awards Gwen Fletcher Memorial prize

KARREN VERGARA  |  WEDNESDAY, 14 JUN 2023
The Financial Advice Association Australia (FAAA) has awarded a Gwen Fletcher Memorial Award to a Sydney-based financial adviser. Kristine Pham, an associate private wealth adviser at Lipman Burgon & Partners, won the award for the first semester of ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... rationalisation of fee consent, eradicating the Best Interests Duty Safe Harbour steps, were quick wins for the Financial Advice Association of Australia (FAAA). "These phase one responses show that the concerns of our sector have been heard. It is a ...

Experience pathway could create two adviser tiers

KARREN VERGARA  |  TUESDAY, 23 MAY 2023
... explanatory memorandum uses the term "financial adviser" and "relevant provider" interchangeably. The Financial Advice Association Australia (FAAA) chief executive Sarah Abood flagged concerns about the terms and that the distinctions should be removed. ...

FAAA sounds alarm on no-consultation super reform

ANDREW MCKEAN  |  MONDAY, 22 MAY 2023
The Financial Advice Association Australia (FAAA) has criticised Treasury for neglecting to consult on draft Superannuation Performance Test reforms. FAAA chief executive Sarah Abood voiced concerns regarding the proposal and process of the Performance ...

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
... financial advisers as many continue to grapple with providing accurate documents to clients. The Financial Advice Association Australia general manager of transformation Phil Anderson said that FDSs are "incredibly difficult" to issue and that having ...

Adviser numbers drop, FAAA strengthens recruitment

KARREN VERGARA  |  MONDAY, 15 MAY 2023
As adviser numbers drop below 16,000, the Financial Advice Association Australia (FAAA) is ramping up its initiatives to curb the attrition rate and meet the soaring demand for advice. The FAAA's chief executive Sarah Abood, who spoke at the newly merged ...

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
... Offset at the earliest opportunity the federal budget allows," it said. From an advice perspective, Financial Advice Association of Australia chief executive Sarah Abood said it was disappointing there was no mention of the ASIC adviser levy. "We are ...