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FASEA boycott sparks in-fighting
ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Suggestions from one financial advice association that advisers should boycott the FASEA exam has led to a call for associations to merge in order to better represent the industry.
Sequoia to acquire wealth group
KANIKA SOOD  |  MONDAY, 1 JUN 2020
Sequoia has entered an agreement to acquire a wealth group, adding about 23 advisers and $1 billion in funds under management.
Expats sweat as main residence CGT cut-off looms
ALLY SELBY  |  THURSDAY, 28 MAY 2020
Already facing a rapidly approaching deadline signaling the end of exemptions from capital gains tax, expats now face further challenges in selling their former family homes, with only COVID-19 to blame.
FPA confirms redundancies
ELIZABETH MCARTHUR  |  THURSDAY, 28 MAY 2020
The Financial Planning Association of Australia has unveiled its five-year plan, which includes redundancies.
IOOF to provide fee relief to adviser network
ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
IOOF has announced a new initiative that will see its network of financial advisers offer free financial guidance to local communities until the end of September.
FASEA unclear why advisers are quitting
ELIZABETH MCARTHUR  |  MONDAY, 25 MAY 2020
FASEA chief executive Stephen Glenfield has said it is outside the authority's remit to look into why financial advisers are exiting the industry in droves.
MLC launches new advice business
JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
MLC has introduced a new advice business to the market, retiring the Apogee, Garvan and Meritum brands and appointing a general manager to lead the venture.
FASEA extension en route
HARRISON WORLEY  |  FRIDAY, 22 MAY 2020
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty.
Rich Dad feels for financial advisers
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
Author of ubiquitous personal finance self-help book Rich Dad Poor Dad Robert Kiyosaki says he feels for financial advisers amid the COVID-19 pandemic - though he won't be taking their advice.
916 advisers gone in three months, ASIC responds
ELIZABETH MCARTHUR  |  THURSDAY, 21 MAY 2020
ASIC chair James Shipton insists the regulator is concerned by the number of financial advisers leaving the industry and how COVID-19 could amplify the issue, as it is revealed almost 1000 left since the pandemic hit.
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