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Category | Associations

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AFA To Revise Constitution at AGM

The Association of Financial Advisers (AFA) will seek to revise its constitution and by-laws in an effort to become a code monitoring body under the new professional standards legislation. (more…)

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0 · August 15, 2017 in Associations, Conferences and Events  
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AFA Changes Election By-Laws

The AFA has made a number of changes to its by-Laws governing elections for board members including a provision that board nominees must be of ‘good standing’. (more…)

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0 · August 8, 2017 in Associations  

News in Brief

Former NAB Adviser Charged With Fraud Lack of Funds Keeping Consumers From Advice FPA Launches Financial Planning Week (more…)

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0 · August 8, 2017 in Associations, Compliance & Regulation  
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Advisers Given Opportunity to Shape Their Education

Financial advisers need to take an interest in the changes to education and professional standards to prevent creating an model that does not meet the needs of clients, according to AFA General Manager, Member Services, Partnerships, & Campus AFA, Nick Hakes. (more…)

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1 · July 27, 2017 in Associations, Conferences and Events, Training  
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Royal Commission Would Include Work of Regulators

A repeated call by the Federal Opposition for a Royal Commission into banking and financial services, which would also include an examination of the work of regulators, has been rejected by the Federal Government and the Financial Services Council (FSC). (more…)

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5 · July 27, 2017 in Associations, Compliance & Regulation, Conferences and Events  

AFA to Re-Examine Education Pathways

The AFA is asking for adviser feedback as it aims to redefine education pathways as part of a project canvassing industry views and practices on what is applicable and beneficial for advisers and clients. (more…)

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0 · July 17, 2017 in Associations, Training  
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Super Bodies Call for Widespread Commission Bans

All commissions on any form of life insurance should be removed completely as their continued existence does not remove conflicts of interest or protect the best interests of consumer, two industry super fund bodies have claimed. (more…)

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12 · July 4, 2017 in Associations, Compliance & Regulation, Remuneration, Superannuation  
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FSC Life Code Commences With Finalised Trauma Definitions

Life Insurance members of the Financial Services Council (FSC) will be required to comply with the its Life Insurance Code of Practice (LICP) which came into effect on 1 July 2017, including a number of minimum standard medical definitions which have now been appended onto the Code. (more…)

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0 · July 3, 2017 in Appointments, Associations, Compliance & Regulation  

O’Dwyer to Address AFA National Adviser Conference

The Minister for Revenue and Financial Services, Kelly O’Dwyer has been announced as a plenary speaker at this year’s AFA National Adviser Conference on the Gold Coast in October. (more…)

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0 · June 29, 2017 in Associations, Conferences and Events  

AFA Claims ‘Independence’ Restriction is Too Narrow

The AFA has labelled efforts by ASIC to restrict the usage of terms relating to ‘independence’ from institutions and product-providers as too narrow and not reflective of the actions of advisers or the views of consumers. (more…)

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2 · June 27, 2017 in Associations, Compliance & Regulation, Practice Marketing