Analysis
Rampant speculation fuelling anxiety over education
Degree or diploma-qualified advisers are understandably worried about what incoming standards mean for them. But spreading rumours and threats are not the way to quell such fears.
Analysis
Analysis
Education and experience aren’t mutually exclusive
The sizeable backlash against the incoming academic requirements for professional financial advisers misses a major point.
Analysis
A royal imperative to find the flaws
Planners appear to have little interest in Commissioner Ken Hayne’s inquiry, but they should be concerned when it starts digging into consumers’ poor outcomes.
Analysis
It’s a matter of survival
If your clients are happy, you may wonder what professionalising the industry has to do with you. Simon Hoyle has a few final thoughts on the subject.
Analysis
Conspiracy theories distract from the real issues
The crazy ideas some in the industry are bandying about to explain the incoming education standards aren’t just annoying, they do real damage.
Analysis
FASEA board must enable Sanders
The Financial Adviser Standards and Ethics Authority made an excellent choice in naming Deen Sanders its chief executive. Supporting him will make a big difference.
Analysis
Time to start cracking that code of ethics
Now that FASEA has issued some guidance on educational standards, industry stakeholders can turn their attention to worrying about how ethics reforms will be implemented.
Analysis
Don’t rush Paul McCartneys of financial advice off the stage
One great dilemma the industry faces as it prepares for new standards is how to lift its game without losing the collective wisdom and experience of veteran advisers.