Government tinkers with superannuation at the cost of consumers

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Following last night’s budget announcement, the Financial Planning Association (FPA) has announced concern that superannuation is being used again as a political tool for government at the cost of consumers. ... Read more continue reading

Professional financial planners welcome St John recommendations as victory for Australian consumers

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Australian consumers seeking compensation from poor financial products and advice will benefit enormously from the excellent recommendations released in today’s Compensation Arrangements for Consumers of Financial Services report, authored by... Read more continue reading

APRA releases proposed MySuper authorisation requirements

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The Australian Prudential Regulation Authority (APRA) has released for consultation a discussion paper on proposed arrangements for the authorisation of MySuper products. Accompanying the discussion paper is a draft authorisation application... Read more continue reading

ASIC releases policies on adviser training for carbon financial products

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ASIC has released its final policies on adviser training and financial requirements for entities and individuals providing financial services in relation to emissions units following a public consultation (refer Consultation Paper... Read more continue reading

The AFA turns to technology to better connect with its members

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The Association of Financial Advisers (AFA) continues to deliver new technology to keep connected with its members. Over the past 8 months the AFA have created their social media community... Read more continue reading

FPA responds to tax agent services regime exemption announcement

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The Financial Planning Association (FPA) has responded to Assistant Treasurer David Bradbury’s announcement that financial advisers be granted an extension to the exemption from the taxation agent services regime until... Read more continue reading

APRA releases response to submissions on prudential standards for superannuation

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The Australian Prudential Regulation Authority (APRA) has released its response to submissions on the implementation of prudential standards for the superannuation industry. APRA’s response paper details the main issues raised in... Read more continue reading

Corporate super adviser not addressed by FoFA

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The Corporate Superannuation Specialist Alliance (CSSA) believes there is one area of financial planning still not fully understood and addressed by the FoFA debate – the role of the corporate... Read more continue reading

FPA establishes higher education program in financial services

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The Financial Planning Association (FPA) in conjunction with the Financial Planning Education Council (FPEC) today announced the launch of a national consultation framework on the curriculum and accreditation requirements for... Read more continue reading

FPA challenges financial services industry: “look at advice from the other side”

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The Financial Planning Association (FPA) is encouraging the entire financial services industry to look at advice from the other side and demonstrate commitment to improving the quality of financial advice... Read more continue reading