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Showing 1 - 8 of 8 results for "The Advisers Association"

Industry mixed over FSC advice framework

ANNABELLE DICKSON  |  FRIDAY, 15 OCT 2021
... the FSC is trustworthy - particularly for risk advisers. The Association of Financial Advisers (AFA), The Advisers Association (TAA) and Synchron support changes that will lead to affordable advice for consumers and relieving the compliance burden for ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... in-house, AMP said. The restructure was developed in conjunction with adviser associations. Chair of The Advisers Association Craig Armstrong said the association has worked with the new management team in AMP Australia to progress the new services model ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
The Advisers Association (TAA) is calling on the government to mandate major banks and institutions pay an exit levy upon leaving the advice industry to provide relief for financial advisers and mitigate the increasing levy. Earlier this month the Australian ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... were about 250-300 firms they gave notice to that they were terminating, so it's not a surprise," The Advisers Association chief executive Neil Macdonald told Financial Standard last month. He explained that the practices terminated by AMP were typically ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds of release a couple of weeks ago. ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... doing business here. AMP is currently facing two other class actions. Speaking to Financial Standard, The Advisers Association (TAA) chief executive Neil Macdonald said its AMPFP members are relieved the action has been filed. "A lot of our members are ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... arms tied behind their backs in terms of how they can help clients." Neil Macdonald, chief executive of The Advisers Association, said that advisers are operating under a very heavy load at the moment with clients looking for help and reassurance. He ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at Treasury, with the former saying the reforms will make financial advice inaccessible and unaffordable ...
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