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Showing 1 - 10 of 100+ results for "AFA"

AFA appoints partnerships GM

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... Association of Financial Advisers has appointed a general manager of partnerships who joined from AMP. Cameron Burne joined the AFA in March and was most recently a partnership manager at AMP Financial Planning. He spent over eight years with the AMP ...

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
The Association of Financial Advisers (AFA) has welcomed the government's regulation that will exempt advisers from varying their AFSL to provide claims handling, following a submission outlining issues. The government passed Financial Sector Reform ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... self-reporting of breaches regime amid concerns it will be impossible for small financial advice firms to comply with. The AFA outlined its concerns about Commissioner Kenneth Hayne's recommendation that in order to help protect consumers, AFSL holders ...

Advice association chief steps down

JAMIE WILLIAMSON  |  THURSDAY, 25 MAR 2021
... chief executive of the Association of Financial Advisers has stepped down after four years in the role. Phil Kewin has led the AFA since 2017, having succeeded Brad Fox as chief executive in March of that year. He said the time is right to hand over ...

NZ overhauls regulation of advice

JAMIE WILLIAMSON  |  FRIDAY, 19 MAR 2021
... Zealand has traditionally had three financial adviser types: Registered Financial Adviser (RFA), Authorised Financial Adviser (AFA) and Qualifying Financial Entities (QFE) adviser. These has all been removed, with all advisers now required to meet the ...

Life Company of the Year named

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... all the winners and finalists in other categories who have truly stepped up in an extraordinarily difficult environment," AFA president Michael Nowak said. "These companies have risen to meet the challenges presented by the current pandemic and continue ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... Customers will now be much better positioned to assess value for money," Veyret said. But the Association of Financial Advisers (AFA) said the annual renewal is a timely and costly burden to advisers which in turn will flow onto the accessibility of ...

Wage subsidy to rescue advice industry

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... incentivise advice practices to take hire graduates. In its pre-Budget submission, the Association of Financial Advisers (AFA) recommended the government introduce a $10,000 wage subsidy for employing professional year students, citing the significant ...

Wage subsidy needed for new entrants: AFA

JAMIE WILLIAMSON  |  THURSDAY, 4 FEB 2021
... practices to encourage employment of new entrants needing to complete their professional year. In its pre-Budget submission, the AFA has recommended the government incentivise advice practices with a $10,000 wage subsidy for employing professional year ...

Key advice reforms tabled

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... Financial Advisers chief executive Philip Kewin said while all three elements are important, the most significant issue for the AFA and its members is the new annual renewal obligation. "Whilst the legislation does not entirely reflect our recommendation ...
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