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Showing 41 - 50 of 131 results for "Sarah Abood"

ATO revises advice fee tax deductibility rules

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
... advice fees are deductible. Responding to the decision, Financial Advice Association Australia (FAAA) chief executive Sarah Abood said: "We want to thank the ATO for bringing this matter to a conclusion." "The confirmation that initial advice related ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... heard under the Senate Economic Committee after Senator Hanson secured cross-parliament support. FAAA chief executive Sarah Abood said the inquiry marks a "major step forward for our profession, and we want to thank Senator Hanson for her support in ...

FAAA ramps up Dixon inquiry campaign

JAMIE WILLIAMSON  |  THURSDAY, 12 SEP 2024
... done to rectify the situation. In turn, this would likely force the cost of advice even higher. FAAA chief executive Sarah Abood reinforced that most financial advice firms are small businesses which "simply can't afford to underwrite the malpractice ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... Stephen Jones to raise key concerns regarding the Compensation Scheme of Last Resort (CSLR). FAAA chief executive Sarah Abood and chair David Sharpe met with the minister to raise several issues including the total cost of the scheme and whether it is ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... circumstances that led to this failure and recommendations to ensure this cannot happen again," FAAA chief executive Sarah Abood said, pointing to "deep concerns" in how the scheme is funded. The top 10 APRA-regulated financial institutions, excluding ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... relationships and finding that hard, so the loss of that experience has been really problematic," FAAA chief executive Sarah Abood said recently. Braithwaite said: "Closing the gap may have negative consequences towards the intent of the Quality Advice ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... 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 much for this financial year compared to the final ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... 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 confirms that there is no intent to change the existing ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... Advice Association Australia (FAAA) show that only 312 advisers entered the profession in 2023. FAAA chief executive Sarah Abood told a media briefing this week that this is an even bigger problem than the number of advisers leaving the industry, down ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... advisers with the tools and support they need to protect their clients from financial abuse," FAAA chief executive Sarah Abood said. "Financial advisers are uniquely positioned to detect signs of financial abuse due to their close relationships with ...