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Showing 1 - 10 of 75 results for %22Sarah Abood%22

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... $18.5 million to cover the period of July 1 to 30 June 2025. Financial Advice Association Australia chief executive Sarah Abood slammed the new levy, calculating that among the 15,624 registered advisers, they will have to fork out about $1200 each. ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... existing investments, is not incurred in gaining or producing assessable income - can be updated," FAAA chief executive Sarah Abood said. "An investment plan in 1995 did not necessarily require consideration of an individual's objectives, financial situation ...

Coalition appoints shadow assistant treasurer, financial services minister

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2024
... retail economics to this important role," Dutton said. Financial Advice Association Australia (FAAA) chief executive Sarah Abood congratulated Howarth on his appointment. "This is a critically important portfolio at a time when more Australians than ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... Advisers" (QAs) who will not be financially incentivised. Financial Advice Association Australia (FAAA) chief executive Sarah Abood said there is less immediacy for banks and life insurers to enter advice. "Banks [in particular], may feel that they've ...

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... licensee staff and advisers have been on leave recently and thus not yet attended to this matter," FAAA chief executive Sarah Abood said. "Completing this process by 1 February 2024 is essential in order for advisers to continue to practice. A lot is ...

Adviser numbers stable at 15,650

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... looking for a career change, who bring knowledge, experience and gravitas to the profession," FAAA chief executive Sarah Abood said in announcing the association's priorities in 2024. The advice sector was marked by several mergers and acquisitions ...

2024 to be a watershed year: FAAA

JAMIE WILLIAMSON  |  THURSDAY, 11 JAN 2024
... financial advice profession, it has become an increasing imperative in the past 12 to 24 months," FAAA chief executive Sarah Abood said. "The FAAA has been generally supportive of the package proposed by the federal government in response to the Quality ...

Fee consent forms, FDS overhaul concerns FAAA

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... draft legislation will not make it mandatory for product issuers to accept the standard form, FAAA chief executive Sarah Abood said. "And it is unlikely that product issuers will choose to make the expensive changes to their systems and processes that ...

QAR final response winds clock back, says FAAA

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... stage, but on the face of it we are deeply concerned at the direction of these announcements," FAAA chief executive Sarah Abood said. "Our members fear this could be winding the clock back five years on our profession. It appears to invalidate the hard ...

Inaugural FAAA award winners named

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... Financial Planner Professional of the Year title went to Financial Edge Group's Martin McGrath. FAAA chief executive Sarah Abood said the judges were impressed with how McGrath demonstrated care, engagement and understanding of the needs of his clients. ...
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