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ASIC opens consultation on scaled advice
ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... what's stopping them. ASIC senior executive leader, financial advisers Kate Metz said at the Association of Financial Advisers Conference that ASIC has given guidance in the past that supports limited or scaled advice but are hearing from licensees that ...
AFA rejigs board
ANNABELLE DICKSON  |  MONDAY, 2 NOV 2020
The Association of Financial Advisers (AFA) has made a number of appointments to its board and promoted its vice president to replace its longstanding national president. Michael Nowak has been vice president for the past two terms and will replace ...
FS Power50 revealed
STAFF WRITER  |  MONDAY, 26 OCT 2020
... diligence conducted by the Financial Standard editorial team. The list was also screened by the Association of Financial Advisers and the Financial Planning Association of Australia prior to publishing. There are plenty of new faces on this year's ...
A new model is coming: Licensees
ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers' Conference, a panel of licensee executives agreed that the advice industry will be pushed towards a new model in the coming years. The panel, facilitated by CoreData founder and principal Andrew Inwood, saw ...
Level premiums to remain
ANNABELLE DICKSON  |  THURSDAY, 15 OCT 2020
... disability income insurance, level premiums will continue to exist. Speaking on a panel at the Association of Financial Advisers Conference, MLC chief of life insurance Sean McCormack said he doesn't believe APRA's changes will represent the "death knell" ...
Stephen Jones admits to anti-life insurance bias
ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers annual conference, shadow minister for financial services Stephen Jones outlined Labor's vision for financial advice and admitted to apprehension on life insurance. Jones said, referring to the ASIC review ...
ASIC reviewing risk advice, pushes for scaled advice
ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... insurance advice and plans to consult with the industry on scaled advice this year. Speaking at the Association of Financial Advisers Conference, ASIC senior executive leader, financial advisers Kate Metz revealed work has commenced its review of advice ...
Advice reforms to be legislated: Hume
ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... compensation scheme of last resort is set to be legislated by mid-2021. Speaking at the 2020 Association of Financial Advisers Vision Conference this morning, Senator Jane Hume said the government agreed with the Hayne recommendation for the single disciplinary ...
AFA to host virtual conference
JAMIE WILLIAMSON  |  WEDNESDAY, 26 AUG 2020
The Association of Financial Advisers will host a virtual conference via live broadcast from October 14-15. The AFA VISION Conference will be filmed at the Museum of Contemporary Art in Sydney and broadcast live to delegates across Australia. Sessions ...
APRA intervention blindsided AFA, FPA taskforce
ELIZABETH MCARTHUR  |  TUESDAY, 28 JUL 2020
... admitted to being blindsided by APRA's intervention on individual disability income insurance. Association of Financial Advisers chief executive Phil Kewin and Financial Planning Association of Australia chief executive Date De Gori discussed the many ...
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