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Showing 11 - 20 of 100+ results for "AFA"

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... such as the global financial crisis or product crash, and how costs of this would flow through to the advice industry. The AFA and Anderson therefore want to see a reduction in red tape and recognition from government that the financial advice industry ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... Advisers national president Michael Nowak said it was a much-needed move in the right direction. "The financial advisers the AFA represents are dealing with a requirement to sit a compulsory FASEA exam and meet other education standards to keep their ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... dispersed is equitable and fair and that's the crux of this, and we want that to be reviewed," De Gori said. Sam Perera, AFA vice president, gave an example of the outlays a small practice is up for. An adviser employing an associate adviser and ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... Another concern is that the FY21 estimates are based upon 21,308 advisers when there were less than 20,000 as at June 30. AFA acting chief executive and general manager of policy and professionalism Phil Anderson said the levy essentially funds ASIC's ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... impossible." The association said it hopes the Financial Planning Association of Australia (FPA), Association of Financial Advisers (AFA) and Association of Independently Owned Finance Professionals (AIOFP) merge to create one body. "Our only parting ...

De Gori to leave FPA

JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... day as the Association of Financial Advisers announced the appointment of its new chief. Helen Morgan-Banda will lead the AFA from August 2, replacing Phil Kewin who resigned earlier this year. Most recently she led the Law Society of New Zealand which ...

AFA announces new chief executive

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... positions with ANZ (New Zealand) and AMP (New Zealand). She will relocate to Sydney from Wellington for the new role. The AFA said Morgan-Banda was selected after a rigorous selection process. In the six months since Kewin's departure, AFA has been ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. ...

AFA slams new SOA measures

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
... June 30, which advised trustees to review SOAs with respect to new advice fees charged to members' superannuation accounts. AFA acting chief executive Phil Anderson argued that SOAs are an agreement between a client and their adviser and contains personal ...

Former AFA chief in new role

KARREN VERGARA  |  TUESDAY, 6 JUL 2021
... Phil Kewin will become the president of the National Insurance Brokers Association (NIBA) from August 16. Kewin served as the AFA chief executive between March 2017 and April 2021. Prior to that, he was responsible for Zurich Australia's life, advice ...