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Showing 1 - 10 of 533 results for "Future of financial Advice"

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
... prescriptive and restrictive checklists. It noted that despite a series of major reforms, including the Future of Financial Advice and Professional Standards, disclosure obligations in Statements of Advice haven't evolved to reflect advisers' professional ...

FAAA expands policy team

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... stakeholders and members. "We look forward to David contributing to our ongoing efforts in shaping the future of financial advice in Australia."The appointment comes as Canberra finalises legislation around Delivering Better Financial Outcomes. Speaking ...

Financial Standard opens Power50 voting

STAFF WRITER  |  MONDAY, 19 AUG 2024
... 'influential' as individuals who have been, or continue to be, instrumental in shaping the future of financial advice in Australia. They are individuals who make a meaningful difference in their clients' financial wellbeing, actively participate ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... Australia's regulatory environment and urgent public policies will both play significant roles in shaping the future of financial advice, creating different local guardrails and expectations when compared to the rest of the world. She said firms ...

Financial Standard kicks off Power50 voting

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2023
... 'influential' as individuals who have been, or continue to be, instrumental in shaping the future of financial advice in Australia. These are financial advisers who have actively participated in industry-based activities, community-based projects ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... financial advice. More than half (54%) of investors aged 65 and over believe that ChatGPT could be the future of financial advice.

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... is despite the charging of commissions on new superannuation accounts being banned in 2013 under the Future of Financial Advice reforms. The action, which has been ongoing since October 2019, said CFS had the power at the time to reduce the fees or transfer ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... also revealed that about half (54%) of UK investors aged 65 and over believe that ChatGPT could be the future of financial advice. Using OpenAI's latest tool GPT4, a separate study by German academics found it provides financial advice on par with ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... members, through to 2020. The issue was the premiums included commissions which were banned under the Future of Financial Advice reforms in 2013. BT Funds Management was fined $20 million by the court.

QAR does not "trash" FoFA: Anderson

CASSANDRA BALDINI  |  TUESDAY, 7 MAR 2023
The Quality of Advice Review's final report (QAR) does not "trash" or go against the Future of Financial Advice (FoFA) reforms, says Association of Financial Advisers (AFA) chief executive Philip Anderson. Labeling QAR "the most important review of ...
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