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FASEA confirms 2021 exams
ELIZABETH MCARTHUR  |  FRIDAY, 24 JUL 2020
FASEA has confirmed the exam schedule for 2021, after the extension was passed.
PSK acquires wealth firm
ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JUL 2020
Financial advice firm PSK Financial Services has acquired Sydney-based Socius Wealth Management as part of its growth plans.
Almost 2000 advisers gone so far in 2020
ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
The first half of 2020 has seen almost 2000 financial advisers leave the industry amid a time of flux for the sector.
Changes to advice incoming: Bragg
ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
Senator Andrew Bragg has confirmed legislative changes to advice are around the corner, telling Michael Rice the Corporations Act needs to be updated.
AMP advisers low priority for ASIC
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JUL 2020
Senator Deborah O'Neil has revealed she was told by ASIC that AMP's Buyer of Last Resort (BOLR) agreements being altered and subsequently, slashing the value of advice businesses, was not a priority for the regulator.
Australians without advice struggle in pandemic: Research
ALLY SELBY  |  FRIDAY, 10 JUL 2020
New research has revealed the true value of advice, as the mental and financial wellbeing of Australia's unadvised population suffers from the impacts of the COVID-19 crisis.
FASEA brings back remote tests
ELIZABETH MCARTHUR  |  FRIDAY, 10 JUL 2020
As Melbourne has returned to a strict lockdown to battle a second wave of COVID-19, FASEA has responded by bringing back remote tests.
ATO can make cost of advice cheaper: Asher
KANIKA SOOD  |  THURSDAY, 9 JUL 2020
In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
Generation gap opens up in financial advice
ELIZABETH MCARTHUR  |  WEDNESDAY, 8 JUL 2020
There is a gaping void between what consumers once wanted from financial advice and what they want now and it's being accelerated by COVID-19, according to research from KPMG.
Sequoia acquires advice firm
ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
Sequoia Financial Group has entered into a purchase of assets agreement with financial advice firm Total Cover Australia, through the company's subsidiary InterPrac Securities.
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