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Showing 1 - 10 of 510 results for "Congress"

The sensitive conversations advisers shy away from

KARREN VERGARA  |  TUESDAY, 3 DEC 2024
... difference in their lives. According to a panel of experts at the recent Financial Advice Association Australia (FAAA) Congress, advisers' insights into clients' financial lives and how this intersects with their personal lives and vice versa ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... second term President Trump is in a hurry and will not be meaningfully slowed down, given Republican majorities in the Congress and Senate," Thompson said. "While positive for near term growth, these initiatives may add to inflationary pressures and ...

Firms treat CSLR as 'insurance policy': FAAA

KARREN VERGARA  |  MONDAY, 2 DEC 2024
... 'insurance policy'. Several CSLR issues were brought to light at the Financial Advice Association Australia (FAAA) Congress last week, starting with the lax consequences for firms that fail to pay an AFCA determination. In essence, a licensee ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... with the Compensation Scheme of Last Resort (CSLR) raised concerns at the Financial Advice Association Australia (FAAA) Congress. By way of example, FAAA chief executive Sarah Abood pointed to a recent AFCA case whereby the victim made a profit and the ...

FAAA celebrates adviser excellence

MATTHEW WAI  |  FRIDAY, 29 NOV 2024
... Brisbane overnight, including Adviser of the Year and CFP Professional of the Year. Presented as part of the annual FAAA Congress, the awards presented included Adviser of the Year, Certified Financial Planner Professional of the Year, Professional Practice ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... Travis Carter, who helps advisers with technology solutions. Carter told the Financial Advice Association Australia (FAAA) Congress on day two that advisers need "to be careful" with how AI is used. This includes all advice firm employees taking data ...

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... qualified to take control of education and training, code of ethics, and disciplinary regime," he told the annual FAAA Congress held in Brisbane. "We are a profession. We should expect to be treated as such, and we should take control to regulate ourselves." ...

'New class of advisers' need clear-cut distinction: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... the looming Delivering Better Financial Outcomes (DBFO) Tranche 2 reforms. Addressing the first day of the 2024 annual Congress, FAAA chief executive Sarah Abood proposed some ground rules around the advice NCAs should and should not be able to provide. ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... Commissioners, Allison Herren Lee, Elad Roisman, Hester Peirce, Caroline Crenshaw, Mark Uyeda, and Jaime Lizárraga. I also thank Congress, my colleagues across the U.S. government, and fellow regulators around the world." Trump has not yet nominated ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
The Federal Reserve cut interest rates overnight, in line with market expectations, but chair Jerome Powell faced a raft of questions over President-elect Donald Trump returning to the White House. The Fed continued its policy easing cycle with a 25 ...
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