SMSF Association rejects Labor proposal to ban LRBAs

From

The SMSF Association remains supportive of Limited Recourse Borrowing Arrangements (LRBAs) in the wake of today’s announcement by the Labor Party to recommend their abolition in line with the Financial System Inquiry (FSI) final report. SMSF Association Managing Director/CEO Andrea Slattery says the right decision was made when this FSI recommendation was rejected in late […]

continue reading

AFA launches its 2017 Awards Program

From

The Association of Financial Advisers (AFA) 2017 Awards Program, now in its 14th year, is set to begin its search for outstanding achievers across the financial advice industry.  The AFA Award Program comprises of a suite of five awards including AFA Adviser of the Year, AFA Practice of the Year, AFA Female Excellence in Advice, […]

continue reading

Adopt ‘softly softly’ approach to elder financial abuse, says SMSFA

From

The critically important issue of preventing elder financial abuse requires current policy to be tweaked, not overhauled, says SMSF Association Head of Policy Jordan George. “We are aware of the current dangers emerging from the ageing population and cognitive decline that may make elderly superannuation fund members more vulnerable to financial risk, but it’s important […]

continue reading

AFA launches 2017 Inspire Roadshow and Female Excellence in Advice Award

From

AFA’s inclusive female network Inspire commences its annual national roadshow on 15 May in Hobart, which will also be the official launch of the 2017 AFA and TAL Female Excellence in Advice Award (the Award). Launched in 2013, the AFA’s Inspire Community of Practice has facilitated professional development and networking opportunities for women, assisting in […]

continue reading

AFA welcomes appointments to inaugural FASEA Board

From

The Association of Financial Advisers (AFA) has welcomed the appointment by the Minister for Revenue and Financial Services, the Hon Kelly O’Dwyer MP, of members to the inaugural Financial Adviser Standards and Ethics Authority (FASEA) Board. AFA President, Marc Bineham said, “The AFA welcomes the diversity and inclusion of industry, consumer, education and ethical representatives on the […]

continue reading

SMSF Association welcomes new body to oversee advisor education, training standards

From

The SMSF Association welcomes the appointment of Catherine Walter as chairperson of the new Financial Adviser Standards and Ethics Authority (FASEA), as well as the eight appointed directors. The appointments to this Authority were announced by the Minister for Revenue and Financial Services, Kelly O’Dwyer, this morning. It will play an important role in overseeing […]

continue reading

AFA raises concerns over ASIC industry funding model

From

While supporting ASIC’s efforts to deter misconduct in the financial advice profession and foster consumer confidence, the Association of Financial Advisers (AFA) has raised concerns about the ASIC Supervisory Cost Recovery Levy Bill (the Bill) which details an industry funding model designed to recoup the cost of monitoring and remediating poor advisers. “ASIC’s efforts to […]

continue reading

Greiner, Ripoll join SMSF Association Public Policy Committee

From

The appointment of two high-profile public figures to the SMSF Association’s Public Policy Committee emphasises the peak SMSF body’s commitment to getting the right policy settings for retirement incomes, superannuation and financial services, says Managing Director/CEO Andrea Slattery. Slattery says former NSW Liberal Premier Nick Greiner and former Labor Parliamentary Secretary Bernie Ripoll have become […]

continue reading

Submissions open for 2017 Australian Insurance Industry Awards

From

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and Asia Insurance Review are pleased to announce that submissions for the Australian Insurance Industry Awards are now open. The Awards, now in its 14th year, is one of the highlights of the annual insurance calendar and an important event that encouraged reflection on […]

continue reading

SMSFA strongly opposes making super available for housing

From

The SMSF Association remains emphatic in its opposition to superannuation being used to assist first home buyers enter the property market. Association Managing Director/CEO Andrea Slattery says: “It’s been our long-held position that allowing people to tap into their superannuation to assist them acquire their first home is bad public policy. “Although it is tempting […]

continue reading