FASEA releases program and provider accreditation policy

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FASEA has released its final FPS002 Program & Provider Accreditation Policy. The policy was informed through stakeholder consultation and two pilot accreditations conducted at Higher Education Providers (HEPs). The policy provides guidance to HEPs and Professional Associations on the approval requirements for a range of education pathways in the FASEA Education Pathways Policy FPS001 including: […]

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Don’t lose tomorrow’s leaders, lock them in

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As the level of M&A activity increases in the financial services industry post Royal Commission, it’s time to put in place incentives so you don’t lose key employees. Many business owners count on key employees being there to take over the reins. But often key employees leave to work for a competitor or start their […]

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Good? Fast? or Cheap? What sort of advice is it going to be?

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A few years ago a university in New Zealand conducted a study to find out where consumers were turning to for financial advice. At the time they found that the number one source of financial advice for most respondents was “newspapers and media”. For 29% of the population that was their “go to” source for […]

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Proud to be an Adviser – Part three – Eugene Ardino

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Like everyone in the financial planning industry, I watched the Royal Commission with a mixture of dismay and incredulity. I am immensely proud of the industry and what it is seeking to do for all Australians. However, I have become increasingly concerned that the case studies of people being taken advantage of will prevent some […]

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CPD: Ethics and financial practice

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The recent Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission) highlighted numerous situations in which best practice – and arguably, an ethical approach to financial advice – was absent. This article, the first of a series of five brought to you by Grant Samuel Funds Management, will examine the […]

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Coping with change in the wake of the Banking Royal Commission

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The Banking Royal Commission has brought down a set of recommendations, most of which look likely to be adopted by the Government, regardless of who wins the next federal election. If adopted, these recommendations may force many financial services companies to introduce significant changes to their business models, within challenging time frames and this is […]

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More referrals are created by repetition

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Referrals remain the most powerful marketing for professionals despite the plethora of advertising and marketing tactics we have available today.  The “transfer of trust” which is created by positive endorsement and personalised introduction or recommendation results in the highest likelihood of a prospective client choosing to do business with you. Referrals are gold and we […]

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Growing advice business amidst industry disruption

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Advisers and licensees distracted by developments in financial services may be overlooking an existing advice opportunity which is available to access a growing revenue stream. “The findings of the Royal Commission into financial services due to be released next Monday and other industry developments have left many advisers and licensees sitting on the sidelines waiting […]

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Avoka launches Workspaces module to assist bank and credit unions

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Avoka, a Temenos company and SaaS leader in digital customer journeys in banking, has announced the launch of Workspaces, a new module of the Avoka platform within the Temenos Infinity product. Workspaces is a digital review and approval workspace for retail banking and credit union staff, built to support resolution and customer service for account […]

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Proud to be an Adviser – Part two – Tristan Barnes

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Becoming a financial adviser wasn’t an obvious career choice for me. In my younger years I gravitated towards jobs with a strong physical component. I had a stint in the army and also worked in the wine industry but, after meeting my wife in my mid-20s, I decided it was time to knuckle down and […]

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