 OWEN EVANS | MONDAY, 31 OCT 2022 If you believe Michelle Levy, the best interests duty is an unnecessary and burdensome imposition on advisers and one that provides little benefit to consumers. In reality, it is a necessary and desirable component of professional practice. Read more  CLARISSE BERENGER | FRIDAY, 23 SEP 2022 Providing a client with the necessary disclosures in cases where time critical advice is required can be likened to a rush hour drive-through order. The hungry customer orders and is served up the 'essential' beef burger patties immediately, but follows ... Read more  SAMANTHA HILLS | SUNDAY, 31 JUL 2022 Let us take a look at whether, as the Responsible Manager of an AFSL, you really need to do RM training and what drives the answer to that question. Read more  MATT DALEY , AVI KUMAR | SUNDAY, 1 MAY 2022 ASIC has published Information Sheet 269 Discussing financial products and services online (Information Sheet 269), flagging three key areas social media influencers and AFS licence holders who use influencers need to be aware of. Read more  KATRINA BACON , CECILIA STORNIOLO | FRIDAY, 22 APR 2022 As Australia's population ages, there is a greater need for superannuation funds to address the needs of the retired and retiring population. According to APRA's Annual Fund Bulletin, in June 2020, excluding SMSFs, 10% of account holders were aged 65 ... Read more  RACHEL ERLICH | SUNDAY, 17 APR 2022 The Australian Financial Complaints Authority (AFCA) has received its first report card since commencing operations in November 2018. Read more  ASSURED SUPPORT | MONDAY, 4 APR 2022 From an advice perspective, how long can you rely on a Statement of Advice (SOA) to support your ongoing advice? To put it another way, how old and dated must an SOA be before you will stop using Records of Advice (ROAs) to streamline your advice pr ... Read more  SEAN GRAHAM | FRIDAY, 26 NOV 2021 Advisers and licensees have had a lot of regulatory reform to manage in 2021, so it is no surprise that there is still a measure of confusion and uncertainty around these new arrangements. Queries about fee disclosure statements (FDSs) and ongoing fee ... Read more  VARUN BHATIA | THURSDAY, 30 SEP 2021 With the implementation date of the internal dispute resolution changes imminent, many advisers and licensees will have commenced updating internal complaints procedures to comply with the Australian Securities and Investments Commission's (ASIC's) ... Read more SEAN GRAHAM | THURSDAY, 23 SEP 2021 Considering the deluge of regulatory reform bearing down on licensees and advisers, it is not surprising that the product design and distribution obligations have largely been overlooked. Read more |
Latest News
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The firm aims to navigate Australian companies through the complex landscape of investor expectations and corporate governance, it said.
FAAA announces 2024 awards finalists
The Financial Advice Association Australia (FAAA) unveiled the finalists for this year's awards as it recognises members who exhibit the highest standards and professionalism.
Managed account FUM passes $200bn
The amount of money held in managed accounts surpassed $205 billion in the first half of the year.
Charges dropped against Macquarie adviser
Charges against a former Macquarie financial adviser, including five counts of fraud, have been dropped.
Cover Story
Helping hand
FINN DORNEY
PRINCIPAL PRIVATE WEALTH ADVISER
SHADFORTH FINANCIAL GROUP LIMITED
PRINCIPAL PRIVATE WEALTH ADVISER
SHADFORTH FINANCIAL GROUP LIMITED
Whether it's giving back to the local community or empowering children with financial literacy, Shadforth Financial Group private wealth adviser Finn Dorney proves why the innate nature of financial advisers is essentially to help others. Karren Vergara writes.
Expert Feed
Let's ensure the performance test works for everyone
The annual performance test is doing a great job for most Australians in helping ensure the superannuation industry is held to account for investment ...
Start now to solve the accessible, affordable, quality advice challenge
Access. Affordability. Quality.
The embedded value of digital vaults
Those of us working within the financial services industry are only too aware how important it is to safeguard sensitive information against data breaches ...
Waiting for Tranche 2 of the QAR
Over two years since the commencement of the Quality of Advice Review (QAR) - what has been delivered has fallen short of hopes in some quarters.
