Panellists announced as 32nd ANZIIF General Insurance Breakfast goes virtual

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The Australian and New Zealand Institute of Insurance and Finance have announced the panellists for the 32nd General Insurance Breakfast which will be hosted virtually on December 02. Damian Falkingham, ANZIIF General Manager Industry Engagement spoke about ANZIIF’s decision to host the event virtually in light of the ongoing COVID-19 pandemic. ‘The General Insurance Breakfast... Read more continue reading

FPA announces new appointments to Board

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The Financial Planning Association of Australia (FPA) is pleased to announce that Kearsten James CFP®, Julie Matheson CFP® and Julian Place CFP® have been elected to the FPA Board. Ms James and Mr Place will serve on the FPA Board for the first time, while Ms Matheson has been re-elected to the Board after previously serving until... Read more continue reading

FASEA provides remote November Exam sitting option for financial advisers in Melbourne due to Covid-19 restrictions

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Due to COVID-19 restrictions in place in Victoria and the continued closure of Melbourne metropolitan exam venues, FASEA advises that the Melbourne physical location exams are not able to be offered for the November sitting of the Financial Adviser Exam. Advisers who have registered for a Melbourne physical location exam will have the option to... Read more continue reading

Imminent Hayne reform has major ramifications for affordability of financial advice and the future of financial planning

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The Financial Planning Association of Australia (FPA) has warned that the establishment of a single disciplinary body must be used to reduce red tape and untangle an unreasonably complex regulatory framework that is stifling the financial planning profession and driving up the cost of advice. The FPA is committed to reducing the cost of advice... Read more continue reading

Growing focus on improving SMSF specialist advice welcomed

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There is a growing recognition of the critical importance of ensuring that self-managed super fund (SMSF) trustees have access to specialist SMSF advice, says SMSF Association CEO John Maroney. “This growing momentum for advisers to have specialist SMSF qualifications is being actively encouraged by regulatory bodies, with the latest example being recent draft guidance from... Read more continue reading

Australian Actuaries Climate Index records mildest winter in five years with warm temperatures and low levels of wind

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The Australian Actuaries Climate Index, which measures the occurrence of extreme weather conditions and sea levels, showed winter was relatively benign across most of Australia, with the Index falling to levels not seen since winter 2015. The Index, which was launched in November 2018, tracks these extremes and how they change over time compared with... Read more continue reading

Level the playing field for financial advisers

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The Advisers Association (TAA) says any new model for financial advice must level the playing field for financial advisers. Commenting on a Rice Warner research report launched by the Financial Services Council (FSC) this week which proposes a new model for financial advice, TAA CEO, Neil Macdonald says, “Those best qualified and experienced to provide... Read more continue reading

NIBA launches report on the economic value of insurance broking

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The National Insurance Brokers Association (NIBA) has launched a first-of-its-kind report, prepared by Deloitte Access Economics, detailing the economic value of insurance broking. The study represents the most comprehensive analysis of insurance broking ever undertaken in Australia. As well as examining the economic value, the report describes and quantifies the elements that comprise the industry’s... Read more continue reading

AFA announces On-Demand program and Masterclasses for VISION Conference

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The Association of Financial Advisers (AFA) has announced the On-Demand program and Masterclasses for the AFA VISION Conference. The On-Demand program includes sessions on how to run a best practice business, including sourcing smart technology for maximum efficiency. Other sessions will take deep dives into FASEA standards, consumer trends, ethical investing, estate planning, outsourcing, TPB obligations... Read more continue reading

SMSF Association supports positive structural change for super

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The SMSF Association supports the Your Future, Your Super package as a positive structural change for the superannuation sector, says Peter Burgess, SMSF Association Deputy CEO/Director of Policy and Education. “The package of reforms relating to default funds and MySuper is positive for superannuation participants as it will focus on the issues of high fees... Read more continue reading