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Financial Planning

Trust in advisers wanes

JAMIE WILLIAMSON  |  TUESDAY, 30 JUN 2020
Just 37% of retail investors believe their financial adviser always acts in their best interests, leading CFA Societies Australia to call for a strengthening of the best interest duty.

New advice compliance solution launches

ELIZABETH MCARTHUR  |  MONDAY, 29 JUN 2020
MyNextAdvice will develop additional solutions to help the financial advice and mortgage broking industries with compliance obligations.

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUN 2020
ASIC has come under pressure from a Senator to look into AMP's treatment of financial advisers, including reducing the value of its Buyer of Last Resort (BOLR) agreements.

FPA, TPB to share information

ALLY SELBY  |  FRIDAY, 26 JUN 2020
The Financial Planning Association of Australia has signed a Memorandum of Understanding with the Tax Practitioners Board, in a move which both parties say will set out a clear framework for engagement, cooperation and proactive information sharing going ...

FASEA provides CPD relief

ELIZABETH MCARTHUR  |  THURSDAY, 25 JUN 2020
Following requests from financial advisers, FASEA has provided relief from compliance with its continuous professional development (CPD) requirements.

FPA Congress moves online

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
The Financial Planning Association of Australia (FPA) has announced the 2020 FPA Virtual Congress masterclass series will go live on July 9.

FASEA schedules remaining 2020 exam dates

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Financial Adviser Standards and Ethics Authority has confirmed the exam will be held across five sitting days in August, October and November.

Euroz, Hartleys to merge

JAMIE WILLIAMSON  |  FRIDAY, 19 JUN 2020
Euroz and Hartleys have made public plans to merge operations, creating a financial services powerhouse in Western Australia.

Pessimism strikes Australia, US optimistic

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
Financial professionals in the United States are optimistic about a market recovery, while pessimism is highest in the Asian region where professionals are forecasting double-digit losses, according to Natixis.

FASEA extension passes

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
The extension to the FASEA education requirements has passed.