The FAAA has announced details of the third Plenary session at its 2024 Congress in November in Brisbane, which will focus on the actions advisers can take now in advance of legislative reform.
The association says that ahead of tranche 2 of the Delivering Better Financial Outcomes reform, including implications for the consolidation of advice documents, this plenary session will look at how practitioners can deliver advice efficiently, compliantly, and effectively.
Speakers will include AFCA’s well-known Lead Ombudsman Investment & Advice, Shail Singh, as well as a panel of industry experts in compliance and advice and will explore questions such as:
- What do clients want to see in the delivery of advice and their advice documents?
- How can clients better understand the advice and how can they be empowered to take action to implement the recommended financial advice?
- How can advisers simplify their advice process and documents (i.e. SoAs that are concise, ‘fit for purpose’ advice records)?
- What will the client file look like, and what needs to be considered to ensure the compliance elements needed for advice to be defendable are included?
The Congress, to be held in Brisbane from 27 to 29 November, will have the theme ‘Power Up’ and the FAAA says it will feature an agenda of technical workshops and specialist sessions designed for all participants in the financial planning profession.
Other sessions include:
- Regulatory, policy and advocacy update with ASIC’s Alan Kirkland and Leann King from AUSTRAC, along with the FAAA’s general manager – policy, advocacy & standards Phil Anderson, and senior manager – government relations and policy George John
- The crucial art of scoping advice in a post DBFO world, with Cheyenne Walker from Australian Independent Compliance Solutions
- Leadership Matters, with Peter Baines OAM
- Mind the Gap in Navigating Diminished Capacity with Rhett Das from Integrity Compliance, Ann Janssen from QLD Law Society, Simone O’Hara from RI Advice Moreton, and psychiatrist Angus Finlay
Click here for more details and to register for the Congress.
