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Has COVID-19 solved the advice problem?
HARRISON WORLEY  |  THURSDAY, 23 APR 2020
With robo-advice yet to take off in Australia, and the cost of advice still too high for most people, has COVID-19 delivered the solution to the sector's problems on a silver platter? Shadforth's Terry Dillion certainly thinks so.
500 advisers exit during COVID-19
ELIZABETH MCARTHUR  |  THURSDAY, 23 APR 2020
Rainmaker analysis of the ASIC Financial Adviser Register shows that just shy of 500 financial advisers have left the industry in the last two months.
Seek financial advice: Hume
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
With the government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice.
Fiducian acquires advice practice
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 APR 2020
Fiducian Financial Services has acquired a financial advice business with $56 million in funds under advice.
AIOFP launches fresh campaign, criticises FPA
ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
In launching its latest campaign to retain commissions, the industry body has accused the Financial Planning Association of Australia of taking money from the big banks in return for support.
NAB remediation bill grows
ELIZABETH MCARTHUR  |  MONDAY, 20 APR 2020
National Australia Bank has seen another $268 million added to its bill for customer remediation.
Advisers adapt as crisis unfolds
ALLY SELBY  |  MONDAY, 20 APR 2020
Despite both the health and economic destruction that the COVID-19 pandemic has left in its wake, the environment, albeit dark, has highlighted the value of Australia's advice industry.
BAS agents to give financial advice
ELIZABETH MCARTHUR  |  FRIDAY, 17 APR 2020
A new legislative instrument aimed at helping Australians to navigate the COVID-19 stimulus measures will allow BAS agents to offer financial advice to businesses.
COVID-19 could end Centrelink stigma
ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
Long lines outside Centrelink branches have become defining images of the effect the COVID-19 pandemic has had on the Australian economy. But what impact will it have on the stigma associated with welfare?
Isolated advisers enter the digital age
ALLY SELBY  |  THURSDAY, 9 APR 2020
In an industry known for its reliance on pen and paper, financial advisers have been quick to pivot their business models in the face of COVID-19 and embrace technology.
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