Looming disaster as interest rates closer to rising

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As talk of interest rises increases, a national “Australian mortgage and rental affordability survey” has predicted dire consequences for the economy, finding that the majority of Australian borrowers and renters... Read more continue reading

RIAA welcomes superannuation fund portfolio holdings disclosure announcement

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The Australian Government’s announcement that superannuation funds will be required to disclose their holdings from 31 March 2022 has been welcomed by the Responsible Investment Association Australasia (RIAA). Under the... Read more continue reading

FPA names second 2021 winner of Gwen Fletcher Memorial Award 

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The Financial Planning Association of Australia (FPA) has named Sydney-based financial planner Susan Buda of Brady & Associates Financial Advisers, as the second 2021 winner of the Gwen Fletcher Memorial Award. Named after... Read more continue reading

Specialist advisers have key role to play in preventing scams

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SMSF specialist advisers can play a critical role in assisting trustees and self-directed investors avoid cybercrime and investment scams. SMSF Association CEO John Maroney says: “Scams Awareness Week, which launched... Read more continue reading

FPA launches Women in Financial Planning Mentoring Program 

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The Financial Planning Association of Australia (FPA) has launched its FPA Women in Financial Planning (FP) Mentoring Program. The inaugural program aims to support women in financial planning to further... Read more continue reading

FASEA releases consultation on the Financial Planners and Advisers Code of Ethics 2019 – Standard 3

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Pursuant to its obligations under section 921U(2)(b) the Corporations Act (2001), (the Act), FASEA in February 2019 made, via a legislative instrument, the Financial Planners & Advisers Code of Ethics... Read more continue reading

AFA announces Board changes

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The Association of Financial Advisers (AFA) today announced Sam Perera has been appointed the AFA’s National President. Mr Perera’s appointment follows a decision by National President Michael Nowak to resign... Read more continue reading

Over 16,850 pass the Financial Adviser Exam

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FASEA has released exam results from the 14th Financial Advisers Exam held in September 2021. Result highlights include: Over 16,850 advisers have passed the adviser exams held to date. Of those... Read more continue reading

AFCA appoints seven Senior Ombudsmen

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The Australian Financial Complaints Authority (AFCA) has created the new role of Senior Ombudsman, and announced seven appointments, as it progresses projects to enhance the efficiency and effectiveness of its dispute... Read more continue reading

AFA welcomes Better Advice Bill but still harbours concerns

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The Association of Financial Advisers (AFA) welcomes the passing yesterday of the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Bill 2021 (the Bill), which provides greater certainty for advisers,... Read more continue reading