Member growth underpins a strong and vibrant FPA

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The Financial Planning Association (FPA) has released its Annual Report for 2011/2012, including a number of significant highlights for the professional body.  Financially, the FPA remains strong, reporting a slight surplus... Read more continue reading

ASIC consults on code approval under FOFA

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ASIC has released a consultation paper on its approach to code approval and relief powers under the Future of Financial Advice (FOFA) reforms. ASIC also confirmed that it will be... Read more continue reading

FPA launches Code of Professional Practice consultation

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Proposed revisions to the Financial Planning Association’s (FPA) Code of Professional Practice have been announced to evolve the professional standards of members. This evolution is in line with the Future of... Read more continue reading

Government’s pension ruling gets thumbs up from SPAA

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The SMSF Professionals Association of Australia (SPAA) has applauded the Federal Government’s move to amend the law as it relates to the tax exempt status of fund income earned on investments... Read more continue reading

No Choice Superannuation

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The Association of Financial Advisers (AFA) is extremely disappointed with the final report from the Productivity Commission Inquiry into Default Superannuation Funds released on Friday. “The Productivity Commission has backed... Read more continue reading

MySuper Tranche 3 puts member benefits at risk

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MySuper Tranche 3 is a rush job which attempts to force MySuper legislation through before the key issues can be laid on the table and properly debated, according to the... Read more continue reading

APRA releases draft guidance on MySuper transition

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The Australian Prudential Regulation Authority (APRA) has released for public consultation its draft guidance SPG 410 MySuper Transition. The guidance is intended to assist registerable superannuation entity (RSE) licensees to... Read more continue reading

Successful advertising campaign increases consumer awareness for financial planning industry

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The Financial Planning Association (FPA) is pleased to announce the results of its continuing consumer advertising campaign.  The advertising, which started in September last year and accelerated in the past... Read more continue reading

ASIC releases information about reporting misconduct

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ASIC has released information about its approach to handling tip-offs, complaints, information of concern and reports of misconduct, to assist the public. Each year, ASIC receives over 20,000 reports of misconduct... Read more continue reading

AFA Rising Star finalists announced

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The Association of Financial Advisers (AFA) today announced the five finalists in the 2012 Rising Star of the Year Award. Established in 2005, the AFA Rising Star of the Year... Read more continue reading