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Fee for service not the finance cure-all: AFA

The Association of Financial Advisers (AFA) has voiced its concerns about industry calls for a rigid 'fee for service' model and said that such a move could do more harm than good for consumers. "Let the market forces prevail. As soon as you prescribe ...

Planners advised to plan ahead on succession

... toolkits, including one on succession strategies. Meanwhile, Richard Klipin, the new CEO of the Association of Financial Advisers (AFA), said that succession planning and training new financial planners are the major issues the group hopes to address ...

New AFA chief eyes under-insurance and business succession

After a six-month long search, the Association of Financial Advisers (AFA) has appointed a new CEO, Richard Klipin, who hopes to increase the group's membership by addressing key issues including the nation's chronic under-insurance and business succession ...

AFA Adviser of the Year announced

The Association of Financial Advisers (AFA) has announced this year's winner of their Adviser of the Year award. The winner is Jim Taggart from Taggart Nominees. Taggart is managing director of the Baulkham Hills based advisor group in north western ...

Micro venture cap fund targets consumers

... will be used to support inventors wanting to take their products to the next stage of development. The fund, AusFirst Angels (AFA), is part of a group of funds operated by AusFirst Capital Limited, which grew out of the Save Australia Buyers Club. While ...

Wise man wins 2004 Adviser of the year award

... and beyond in their contribution to the financial industry and the wider community" said Association of Financial Advisers' (AFA) president Robin Yates. Boggs grew his operations from a one-man shop to over $120 million under advice. Boggs has over 24 ...

AFA launches estate planning programme

The Association of Financial Advisers (AFA) has introduced an estate planning programme in conjunction with the Australian College of Financial Services. AFA president Robin Yates said many Australians did not plan for death and its impact on loved ...

AFA hits out on ASIC's FSR license powers

The Association of Financial Advisers (AFA) has sought urgent clarification from Hon Ross Cameron MP, the Minister responsible for the Financial Services Reform Act (FSRA), and from ASIC, on how consumers can be protected from the consequences of a ...

AFA endorses policy on transfer of clients

The Association of Financial Advisers (AFA) has welcomed new government guidelines clarifying the position of clients when a financial adviser transfers between dealer groups. The AFA said the new guidelines, released as a FAQ by the Australian Privacy ...

AFA announces inaugural adviser of the year

... run a highly successful business and go above and beyond in their contribution to this industry and their community," said AFA president Robin Yates. "Indeed the decision to select one winner was very difficult, especially in an industry that is filled ...

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Global X awards mandate for ETF business

ELIZA BAVIN

Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA

Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI

The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA

MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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