If the success of the Code of Ethics is marked by an industry that can self-regulate and hold itself to account then we are a way off, Paul Moran, a self-licensed practice owner describes alongside UNSW’s Tracy Wilcox. Moran raises the possibility that a transition to this future state could be aided by a two-tiered approach to regulation.
EP6, Season 2: Self-regulation is still a way off
In Focus
Advice profession at tipping point of innovation mindset: Netwealth CEO
The professionalisation of financial advice has been a painful journey but practitioners and firms are starting to reap the rewards of technology-enabled client experience and practice efficiency, says Netwealth CEO Matt Heine. He told the Netwealth Accelerate Summit on Thursday that innovation has finally taken centre-stage in the profession after decades consumed by regulatory compliance.
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Opinion
Creating a performance enhancing remuneration model for staff
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Industry Updates
ASIC calls out product issuers on DDO compliance
Industry UpdatesSeptember 10, 2024