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Showing 471 - 480 of 4381 results for "financial advice"

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... "Will this have a negative impact attracting university students and new entrants to the industry?" he said. Financial Advice Association Australia (FAAA) data shows that only 312 advisers entered the profession in 2023. "We've lost a lot of experienced ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... recruit advisers. Striver founder and chief executive Alisdair Barr said the low number of students studying financial advice is "a big problem for the industry." "Raising awareness of financial planning as a career path is important. I don't think people ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... will have to fork out $65.65 million, while market infrastructure and intermediaries will pay $64.1 million. Financial Advice Association Australia (FAAA) chief executive Sarah Abood said at first glance it seems the ASIC levy per adviser will not move ...

Advisers encouraged to embrace AI

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... client experience and operational efficiency," Sevestre said. "This integration is crucial for delivering accurate financial advice, allowing advisers to focus on client relationships and planning. For providers, the opportunity lies in developing systems ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... took a 20% stake in Melican Financial Planning, a firm that provides accounting, mortgage broking, SMSF, and financial advice based in Victoria's Greensborough. The equity partnership scheme investment into Melican will be made up of cash and some ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... that went to HNW Planning. He runs Betalli & Associates, a tax and accounting business, and The FP Business, a financial advice service. He also operates an equipment finance broking and mortgage broking business through the corporate vehicle, Corporate ...

Adviser exam yields 70% pass rate

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... Counter-Terrorism Financing Act 2006, the Privacy Act 1988, and the Tax Agent Services Act 2009. Candidates must also study financial advice construction, which is the suitability of advice aligned to different consumer groups, incorporating consumer ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... sigh of relief as it feared leaving section 99FA as is would result in more work for advisers and super funds. Financial Advice Australia Association chief executive Sarah Abood said the changes to the wording of section 99FA are a positive step. "It ...

IFS launches two courses with Kaplan

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... Professional to offer superannuation fund staff further education and training as the sector gears up to offer more financial advice. The courses target super fund staff predominately working in call centres, general advice, and education delivery teams. ...

Sequoia professional services lead exits, restructures business

KARREN VERGARA  |  THURSDAY, 4 JUL 2024
... legal and administration services. Licensee and adviser services comprises Interprac Financial Planning, Sequoia Financial Advice, as well as the family office, corporate finance, wealth management, asset management, specialist investments. It also includes ...