Industry Updates

FASEA outlines new education pathways for existing advisers

FASEA has issued guidance to existing financial advisers which could radically slash the time it takes to meet new education standards.

Associations expect short-term pain for long-term gain

The heads of the FPA and SMSF Association say inquiry will improve professionalism down the road but hope it doesn’t dredge up old news that could hurt the industry’s reputation.

Kaplan CPD plan re-envisions methodology

The education provider has published a white paper that follows up on the FPA’s recommendations with new professional development guidelines that embrace high-tech learning.

What clients say they value most is something AI can’t provide

A recent survey of investors found that, no matter what the demographic, peace of mind is what people hope to get from a financial planner.

Athletes train for industry roles at AMP Academy

The range of ages and backgrounds among people entering the industry continues to expand. New roles are emerging – and training must keep up.

An experienced hand reaches out to offer more

Ash McAuliffe’s 17 years in financial planning have led him to do more than just reflect on why more people don’t seek advice. He’s launched a holistic firm to address the problem.

It’s easy to see why video is taking over

Audio-visual content is booming on the internet because it’s easy to produce, engages audiences quickly and is cost-effective.

Australian fintech industry welcomes anti-money laundering moves

Australian fintech industry welcomes passage of anti-money laundering legislation for digital currencies Australia is set to further grow its world-leading blockchain and digital currency industry following the Australian Parliament’s approval of anti-money laundering legislation last night, according to Australian fintech leaders. The Australian Senate passed legislation extending anti-money laundering and counter-terrorism financing regulation to digital

Managed accounts boom leads to benefits, growing pains

The sector is now worth about $50 billion, bringing practice efficiency and better client outcomes, but fees and standards are under scrutiny.

Give advisers the time and freedom to help people: panel

Bloated APLs and cumbersome regulation are stifling financial planners but tech and collaboration can streamline the future, forum hears.

Advisers’ role on investment committees deemed limited

The structure of the boards that set fund strategy is crucial. Less is often more, especially when it comes to adviser representation, a panel has said.

FASEA will get there sooner by taking its time

Stakeholders across the industry are understandably impatient for details on the reforms that will affect them. But FASEA needs to be given the time to do things right.

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