Adviser numbers forecast to fall below 15k
The exodus of financial advisers from the industry is set to continue into 2022, according to research undertaken by Adviser Ratings, who in partnership with...
Pressure builds on greenwashing with SEC to tighten screws
It appears that regulators around the world are getting more serious on ESG, with the US Securities Exchange Commission, similar to Australia's ASIC,...
'Let professionals be professionals': The call ahead of Quality of Advice Review
Given the flood of changes and regulatory oversight that has resulted from the Royal Commission, it likely comes as a surprise to many that the impending...
Financial Services Council flags priorities for Advice Review
There is growing pressure on the long-awaited Quality of Advice review to deliver real change to an industry that has been saddled with layer after layer of...
Ombudsman seeks to simplify complaint treatment
The Australian Financial Complaints Authority, the external dispute resolution group of which all financial advisers must be members, this week announced...
Stability, simplification, abolition of Safe Harbour, FDS proposed
"We are at a critical crossroad, with an aging population, and the "Great Australian Wealth Transfer" at our doorstep" explained Lifespan Financial Planning...
Funding model, wholesale test lead FPA's election platform
The Financial Planning Association (FPA) has outlined its policy platform, or target areas for the next Federal Government.
Financial Planning Association backs finfluencer crackdown
ASIC’s recent crackdown on “finfluencers” spruiking online financial advice through social media channels without proper licensin, has been...
Switch to regtech - ASIC to finfluencers
ASIC says Regtech could be a great solution after it effectively banned finfluencers from giving unlicensed financial advice with hefty prison time and...
Stockbrokers association drops financial advice monitor
The Stockbrokers and Financial Advisers Association (SAFAA) is changing its name to the Stockbrokers and Investment Advisers Association (SIAA). The subtle...
Finfluencers warned on the blurred line of financial advice
The financial services industry has not been immune from the socialisation and digitisation trend, with finfluencers now among the most powerful voices in the...