No financial urgency for AFA to merge
Despite falling revenue over the last three years the Association of Financial Advisers was far from being at risk of insolvency although it knew it had to pursue an evolving business model.
September 15, 2022
Court overturns Mayfair 101 director ban
The 20-year ban from raising funds and advertising investments against Mayfair 101 director James Mawhinney has been overturned in the Federal Court.
September 15, 2022
Inside the professional year
While the professional year might seem like a hindrance, it is an essential step on the path to becoming a financial adviser and with careful planning the process can be less cumbersome.
September 14, 2022
An open letter to the 500
The road to professionalism has not been easy and the latest adviser exam result means several advisers will come off the Financial Adviser Register this month writes David Sharpe. A high standard of professionalism is essential for the industry, but that does not mean we should ignore the pain and devastation felt by some of our colleagues.
September 13, 2022
Move from process-based regulation will improve digital advice: Levy
One of the many advantages of an outcomes-based regulatory regime rather than a process-based one will hopefully improve the usage of digital advice technology according to Quality of Advice Review lead Michelle Levy.
September 13, 2022
Corporate engagement pushes ESG investments to $1.54 trillion
The number of fund managers holding businesses to account over responsible investing matters has doubled in the last few years and the result is over $700 billion is now being used to drive change on ESG matters according to a report from RIAA.
September 12, 2022
Levy’s proposals won’t impact finfluencers if they stay away from personal advice
With a sole focus on only regulating personal advice, Quality of Advice Review lead Michelle Levy’s recommendations will have little impact on finfluencers if they stay away from giving personalised recommendations.
September 09, 2022
New legal framework ‘fit for purpose’ for advisors in digital age: ALRC
The ALRC will deliver a simpler legal model to the Attorney General at the end of the month. The recommendations will reflect how the world has changed since 2001 when the Corporations Act was legislated.
September 09, 2022
