Minister Mulino’s 2025-26 CSLR funding plan – a blow to small financial advice businesses and Australians seeking retirement advice 

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Commenting in response to Yesterday’s announcement by Minister Mulino, FAAA CEO Sarah Abood said:  “We acknowledge that Minister Mulino has decided to spread the CSLR Special Levy for 2025/26 across... Read more continue reading

FAAA calls for advisers to check records to ensure they are eligible to provide financial advice into 2026

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Ahead of the 1 January 2026 education/ experience pathway deadline for advisers, the number of advisers for whom the ASIC records indicate are yet to meet the criteria for continuing... Read more continue reading

Ismail Balikoowa awarded 2025 Lloyd’s Innovator’s Scholarship

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ANZIIF and Lloyd’s Australia are proud to announce Ismail Balikoowa, Client Relations Manager at Alexander Forbes, as the recipient of the 2025 Lloyd’s Innovators Scholarship. Balikoowa’s winning concept proposes parametric microinsurance, a model... Read more continue reading

FAAA welcomes legislative amendment passed on adviser qualification requirements

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The FAAA welcomes the important amendments to adviser qualifications passed by Parliament this week, in its last sitting week for 2025. The changes ensure that existing advisers who have relied... Read more continue reading

FAAA launches Advice Academy to help grow the financial advice profession

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The FAAA has launched Advice Academy to help build and support a pipeline of new advisers entering the financial advice profession, as part of its work to bridge the gap... Read more continue reading

CALI welcomes new legislation giving Australians confidence to use predictive genetic testing

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The Council of Australian Life Insurers (CALI) has welcomed the introduction of Federal Government legislation banning the use of predictive genetic test results in life insurance underwriting today. CALI CEO... Read more continue reading

Winners of the 2025 FAAA Awards announced

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The winners of the 2025 FAAA Awards have been announced at this year’s FAAA Congress Gala Dinner in Perth (Wednesday 19 November 2025). The awards acknowledge the work of outstanding... Read more continue reading

SMSF Association called for immediate CSLR overhaul following release of FY27 initial levy estimate

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The SMSF Association says the newly released FY27 Initial Levy Estimate of $137.5 million confirms the pressing need for the Compensation Scheme of Last Resort (CSLR) to undergo substantial reform,... Read more continue reading

SMSF Association welcomes new Director Ben Taylor

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The SMSF Association has appointed the managing director of Oxygen Capital Group, Ben Taylor, to its Board, effective 1 January 2026. His appointment follows the retirement of long-serving directors Michael... Read more continue reading

AFCA cautions against unregulated lending, as small business complaints reach record high

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Against a backdrop of high complaint numbers from small businesses to the Australian Financial Complaints Authority (AFCA) last financial year, AFCA is urging small business owners to consider the risks... Read more continue reading