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Financial Planning

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
The corporate regulator banned a Gold Coast-based financial adviser from providing financial services for four years and cancelled the associated AFSL for failure to comply with its general obligations.

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
The corporate regulator is providing information for financial advisers who are unclear about their examination and qualification obligations.

AFA Foundation supports thousands in need

JAMIE WILLIAMSON  |  WEDNESDAY, 22 SEP 2021
In the face of COVID-19, the AFA Foundation raised just shy of $40,000 in FY21, helping 13 charities in the process.

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Financial advisers must beware the pitfalls of problematic individual disability income insurance products and avoid circumstances that could land them in trouble with the financial complaints body.

Why advisers must understand Retirement Income Covenant

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
Challenger chair, retirement income Jeremy Cooper presented to the AFA conference, discussing the new Retirement Income Covenant and how it will impact advisers.

YFYS will impact advisers too

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
Sunsuper chief economist Brian Parker addressed the Association of Financial Advisers' annual conference to explain what the Your Future, Your Super reforms mean for financial advisers.

Hybrid advice is here to stay

ANNABELLE DICKSON  |  WEDNESDAY, 22 SEP 2021
A hybrid delivery model of financial advice is not going anywhere as building relationships with clients remains crucial.

Asendium partners with licensee support firm

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Asendium has joined forces with a licensee support firm that has more than 70 AFS Licensees nationwide.

Accumulation bubble ending: AFA

ANNABELLE DICKSON  |  WEDNESDAY, 22 SEP 2021
The massive accumulation bubble that Australia has experienced for years is coming to a close with a shift to a deaccumulation bubble sparking the need for advice processes to change, according to CoreData.

Stephen Jones changes tack on risk advice

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
Speaking at the Association of Financial Advisers' (AFA) national conference, shadow minister for financial services and superannuation Stephen Jones said his views on life insurance have been challenged.