Finalists announced for 2019 New Zealand Insurance Industry Awards

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) are pleased to announce the finalists of the 2019 New Zealand Insurance Industry Awards. Now in its eighth year, the New Zealand Insurance Industry’s ‘night of nights’ recognises and celebrates the accomplishment of individuals and companies spanning across the breadth of New Zealand insurance. […]

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Inquiry into FinTech a boon for Australian consumers

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The Financial Planning Association of Australia (FPA) welcomes the creation of a Senate Select Committee on Financial Technology and Regulatory Technology as recognition of the critical roles Fintech and RegTech play in delivering affordable, high-quality financial advice to Australian consumers. The motion to form the dedicated Senate Committee was proposed by NSW Senator Andrew Bragg […]

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The unknown consequences of the legislation to ban grandfathered commissions

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The Association of Financial Advisers (AFA) acknowledges the passing of the Ending Grandfathered Conflicted Remuneration Bill 2019 in the House of Representatives on Tuesday. The AFA has long argued that ending grandfathering is complicated and as a result of the legislation hundreds of thousands of clients are now at risk of being worse off, subject […]

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SMSF licensed advice needs in-depth review

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The independent Review into the effectiveness of the Tax Practitioners Board (TPB) provides an opportunity to identify some of the impediments in the regulatory advice system that prevents SMSF trustees from getting basic SMSF advice. SMSF Association CEO John Maroney says: “However, we believe that to get the right regulatory structure for SMSFs is probably a […]

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Government strikes right balance with timing of reforms

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The Federal Government has struck the right balance between improving financial advice standards and giving the industry the necessary time to adjust, says SMSF Association CEO John Maroney. “The Government’s announcement that it will continue implementing reforms to build trust in financial advice as a true profession is welcomed. “But allowing the industry an extra […]

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Applications now open for the 2019 Bright Light Award

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and TurksLegal are pleased to announce submissions are open for the 2019 Bright Light Award. Now in its second year, the Bright Light Award is a platform for general insurance professionals to pitch an idea or opinion on a topic that relates to general insurance claims […]

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Government extends FASEA deadlines

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The Financial Planning Association of Australia (FPA) welcomes the Government’s announcement that it will give existing financial planners more time to pass the Financial Adviser Standards and Ethics Authority (FASEA) exam and comply with the FASEA education standard. Senator the Hon Jane Hume, Assistant Minister for Superannuation, Financial Services and Financial Technology, announced last week […]

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AFA and OnePath announce 2019 AFA Rising Star

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The Association of Financial Advisers (AFA) and OnePath are pleased to announce this year’s AFA Rising Star is Chris Carlin from Master your Money Now. The AFA Rising Star Award (the Award) recognises the brightest new talent in advice and recognises newer advisers who have demonstrated a commitment to excellence in advice. AFA CEO, Philip Kewin said, […]

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ASIC report shows growing demand for financial advice

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New research from ASIC (Australian Securities and Investments Commission) has revealed 41 per cent of Australians intend to get financial advice in the future. This supports the findings of research conducted by Investment Trends in September 2018 that showed 51 per cent of Australians have an unmet advice need. The new research also confirms that […]

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AFA and TAL announce 2019 AFA Excellence in Education Award winner

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The  are pleased to announce that Ben Nash of Pivot Wealth is the winner of the 2019 AFA Excellence in Education Award (the Award). The Award recognises, supports and rewards excellence in financial adviser education and was presented to Ben at the AFA Conference in Adelaide this evening. CEO Philip Kewin said, “Never before have […]

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