{"id":46161,"date":"2019-09-02T10:26:07","date_gmt":"2019-09-02T00:26:07","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=46161"},"modified":"2019-09-02T10:56:56","modified_gmt":"2019-09-02T00:56:56","slug":"2019-afa-conference-wrap-unity-and-unintended-consequences","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2019\/09\/02\/2019-afa-conference-wrap-unity-and-unintended-consequences\/","title":{"rendered":"2019 AFA Conference Wrap &#8211; Unity and Unintended Consequences"},"content":{"rendered":"<p>The 2019 AFA Conference demonstrated a new-found momentum for unity across the advice and financial services sector.<\/p>\n<p><!--more-->Unity was the theme of this Conference and it was manifested in a number of ways for the more than 500 delegates, including:<\/p>\n<ul>\n<li>The attendance of FPA CEO, <strong>Dante De Gori<\/strong> for the duration of the Conference. This is the first occasion on which the FPA CEO has attended the AFA Conference.<\/li>\n<li>The presentation of the four annual adviser Awards at a single event &#8211; the gala Conference dinner, rather than at separate events conducted by the individual sponsors (see: <a href=\"https:\/\/riskinfo.com.au\/news\/2019\/08\/30\/2019-afa-adviser-award-winners\/\" target=\"_blank\" rel=\"noopener\">2019 AFA Adviser Award Winners<\/a> &amp; <a href=\"https:\/\/riskinfo.com.au\/news\/2019\/08\/30\/nsw-adviser-named-2019-afa-adviser-of-the-year\/\" target=\"_blank\" rel=\"noopener\">&#8230;2019 AFA Adviser of the Year<\/a>)<\/li>\n<li>A public commitment made by the CEOs and executive team management of four insurers: MLC Life Insurance, Zurich, AIA Australia and TAL, to collaborate to the extent allowable under law to drive process and other efficiencies for the benefit of advisers and their clients<\/li>\n<\/ul>\n<p>Another critical and recurring message at the Conference related to the issue of unintended consequences.<\/p>\n<p>This issue was raised with Assistant Minister, <strong>Senator Jane Hume<\/strong>,\u00a0 following her address to delegates on the first day of the Conference.<\/p>\n<h6>We&#8217;re actually seeing an increase in the number of people applying &#8230;to become financial advisers<\/h6>\n<p>In response to a question from Riskinfo about the potential unintended consequences of regulatory reform leading to fewer advisers delivering less advice to less Australians, Senator Hume &#8211; while acknowledging the challenges facing some advisers to achieve the new minimum standards &#8211; nonetheless pointed out that the number of registered advisers ha2 increased by 40 percent since 2009:<\/p>\n<p>&#8220;We&#8217;re actually seeing an increase in the number of people applying &#8230;to become financial advisers because they can see that this is a profession that they admire and that they want to get into&#8230;.&#8221;<\/p>\n<p>The Senator also assured advisers that her Government is listening to their concerns and that they are taking those concerns onboard.<\/p>\n<figure id=\"attachment_46171\" aria-describedby=\"caption-attachment-46171\" style=\"width: 3024px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-46171 size-full\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819.jpg\" alt=\"\" width=\"3024\" height=\"2953\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819.jpg 3024w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819-300x293.jpg 300w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819-768x750.jpg 768w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819-1024x1000.jpg 1024w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Senator-Hume-e1567383872819-50x50.jpg 50w\" sizes=\"auto, (max-width: 3024px) 100vw, 3024px\" \/><\/a><figcaption id=\"caption-attachment-46171\" class=\"wp-caption-text\">Senator Jane Hume with podcast interviewer, Fraser Jack, following her address to delegates at the 2019 AFA Conference<\/figcaption><\/figure>\n<p>Highlights of the Conference included quality and relevant presentations from keynote speakers including former Foreign Affairs Minister, <strong>Julie Bishop<\/strong>, UK advice business best practice consultant, <strong>Michelle Hoskin<\/strong>, wine industry entrepreneur, <strong>Warren Randall<\/strong>, ethicist, <strong>Clare Payne<\/strong> and Thai caves rescue hero, <strong>Dr Richard Harris<\/strong>.<\/p>\n<figure id=\"attachment_46174\" aria-describedby=\"caption-attachment-46174\" style=\"width: 2998px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-46174 size-full\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs.jpg\" alt=\"\" width=\"2998\" height=\"1477\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs.jpg 2998w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs-300x148.jpg 300w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs-768x378.jpg 768w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-CEOs-1024x504.jpg 1024w\" sizes=\"auto, (max-width: 2998px) 100vw, 2998px\" \/><\/a><figcaption id=\"caption-attachment-46174\" class=\"wp-caption-text\">Delegates also heard MLC Life Insurance CEO, David Hackett, Zurich Life &amp; Investments Chief Distribution Officer, Kristine Brooks, TAL CEO, Brett Clark and AIA Australia CEO, Damien Mu, in a reasonably rare joint appearance at which the notion of a more united approach to addressing key industry issues was discussed&#8230;<\/figcaption><\/figure>\n<p>A broad array of topics and issues relevant to advisers and advice businesses was also made available to delegates in the form of other presentations, &#8216;Meet the Professionals&#8217; and &#8216;Meet the Innovators&#8217; opportunities.<\/p>\n<figure id=\"attachment_46176\" aria-describedby=\"caption-attachment-46176\" style=\"width: 3528px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-46176 size-full\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath.jpg\" alt=\"\" width=\"3528\" height=\"2422\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath.jpg 3528w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath-300x206.jpg 300w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath-768x527.jpg 768w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Zurich-OnePath-1024x703.jpg 1024w\" sizes=\"auto, (max-width: 3528px) 100vw, 3528px\" \/><\/a><figcaption id=\"caption-attachment-46176\" class=\"wp-caption-text\">Zurich and OnePath shared a united presence for the first time at the 2019 AFA Conference&#8230;<\/figcaption><\/figure>\n<p>Relevant content was complemented by a variety of official and unofficial social events which offered more networking opportunities for delegates during a time when sharing views on current issues proved of value to many.<\/p>\n<figure id=\"attachment_46178\" aria-describedby=\"caption-attachment-46178\" style=\"width: 2354px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-46178\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award.jpg\" alt=\"\" width=\"2354\" height=\"2243\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award.jpg 2354w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award-300x286.jpg 300w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award-768x732.jpg 768w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-TAL-Award-1024x976.jpg 1024w\" sizes=\"auto, (max-width: 2354px) 100vw, 2354px\" \/><\/a><figcaption id=\"caption-attachment-46178\" class=\"wp-caption-text\">2019 AFA Female Excellence in Advice Award winner, Wealthwise adviser, Dawn Thomas, flanked by AFA CEO Phil Kewin (L) and TAL CEO, Brett Clark<\/figcaption><\/figure>\n<p><a href=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-46169\" src=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference.png\" alt=\"\" width=\"2191\" height=\"1369\" srcset=\"https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference.png 2191w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference-300x187.png 300w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference-768x480.png 768w, https:\/\/riskinfo.com.au\/news\/files\/2019\/09\/190902-AFA-Conference-1024x640.png 1024w\" sizes=\"auto, (max-width: 2191px) 100vw, 2191px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 2019 AFA Conference demonstrated a new-found momentum for unity across the advice and financial services sector.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[282,241],"tags":[],"class_list":["post-46161","post","type-post","status-publish","format-standard","category-associations","category-conferences-and-events"],"_links":{"self":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/46161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/comments?post=46161"}],"version-history":[{"count":0,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/posts\/46161\/revisions"}],"wp:attachment":[{"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/media?parent=46161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/categories?post=46161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskinfo.com.au\/news\/wp-json\/wp\/v2\/tags?post=46161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}