Adviser levy blowout due to royal commission: ASIC
The $1,142 adviser levy is 26pc higher than the $907 estimated by ASIC in June, an increase the regulator attributes to higher enforcement costs and the Hayne royal commission.
January 08, 2020
‘Woolly’ ethics guidance casts further doubt on referral fees
FASEA’s response to industry consultation – quietly released on December 20 – still leaves advisers wondering whether incentives to provide business referrals are banned or not.
January 07, 2020
The ‘vibe’ clients want from advice in 2020
Business Health's Terry Bell relates market disruption in advice to 'the vibe' highlighted by bumbling lawyer Dennis Denuto in the cult 1997 Aussie film, The Castle.
January 06, 2020
10 epic charts that define advice in 2019
From adviser migration to licensee satisfaction, BoJo and Trump to foxes and oxen, CoreData's Simon Hoyle paints a picture of 2019 in ten simple charts.
December 18, 2019
Code ‘anxiety’ undermining professional status: Sanders
If the voices of all stakeholders - clients included - don't come together in a public conversation, the professionalisation of the advice industry will continue to be derailed, Deloitte partner and former FASEA CEO Deen Sanders, has explained.
December 18, 2019
Our 10 best quotes of 2019
Here are the notable quotes that came across our desk this year. From CEOs and investment experts to regulators and licensee heads, these are the words that made sense, and headlines, in 2019.
December 18, 2019
Riskies and planners ‘two different animals’: Trapnell
Jamming insurance and financial planning together under FASEA’s education bracket will just water down the specialist area, the head of Synchron’s 500-strong network believes.
December 16, 2019
APRA takes IP insurance into its own hands
The prudential regulator has moved to save income protection insurance providers from their own predilection for aggressive competition with a host of changes that will affect product pricing and design.
December 12, 2019
Preserve the Code: The case for avoiding all conflicts
Any plans to lobby government and FASEA to amend its plain words or to dilute its principles or interpretation should be dropped; it is simply not in the interests of the new profession, Robert MC Brown reckons.
December 11, 2019
