Category | Associations

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RC Failed to Understand Value of Advice – AFA

The Association of Financial Advisers has taken issue with what it says is the Banking Royal Commission’s failure to understand the value of financial advice. (more…)

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3 · March 19, 2019 in Associations, Compliance & Regulation  

TAL Takes Top Honours at Life Company Awards

TAL has won the Platinum Award for the 2018 AFA/Strategic Insight Life Company of the Year. Presented at a gala event in Sydney on Thursday, this is the second consecutive year and fifth time overall that TAL has beaten its life company rivals to win this prestigious award. The three other finalists in the big […]

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1 · March 14, 2019 in Associations, Company News  

Study Confirms Preference for Human Advice Over Robo Advice

A study released by the MDRT organisation affirms that consumers want technology to complement, rather than replace human financial advisers. (more…)

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0 · February 27, 2019 in Associations, General  

AFA Stands Firm on Risk Commissions

The Association of Financial Advisers has strenuously opposed what it refers to as the ideological determination put forward in the Banking Royal Commission final report to remove all conflicted remuneration. (more…)

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8 · February 8, 2019 in Associations, Compliance & Regulation, Remuneration  
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Industry Response to Royal Commission Recommendations

A diverse range of industry stakeholders have issued their initial responses to the recommendations contained in the final report of the Banking Royal Commission. (more…)

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· February 5, 2019 in Associations, Company News, Compliance & Regulation  

FSC Extends Consultation Period for New Life Code

The Financial Services Council has extended the consultation period for the second iteration of its Life Insurance Code of Practice. (more…)

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0 · January 21, 2019 in Associations, Compliance & Regulation  

AFA Names New Inspire Chair, Roadshow Dates

The AFA has appointed a new chair to one of its Community of Practices, naming Sydney-based adviser, Kate McCallum, as National Chair of AFA Inspire, while also releasing dates for its 2019 Connect Roadshow. (more…)

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0 · January 7, 2019 in Appointments, Associations, Conferences and Events  
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Greater Recognition of Experience Needed in Education Model – AFA

The education pathways for existing advisers proposed by FASEA need to take into greater consideration the experience of older advisers as well as any Continuing Professional Development (CPD) they have attained, according to the AFA. (more…)

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2 · December 18, 2018 in Associations, Compliance & Regulation, Training  
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Associations Must Apply For Designation Accreditation – FASEA

The Financial Adviser Standards and Ethics Authority (FASEA) has invited industry associations to apply for accreditation of their professional designations so advisers can gain credits for the recognition of prior learning. (more…)

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0 · December 12, 2018 in Associations, Compliance & Regulation, Training  
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AFA Questions FASEA View of Advisers

FASEA’s view of financial advisers has been questioned by the AFA which has asked the education body why new Continuing Professional Development (CPD) standards have ethics training occupying nearly twice the time allocated to professional and technical reading. (more…)

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4 · December 11, 2018 in Associations, Compliance & Regulation, Training