Australian Actuaries Climate Index shows most extreme Spring to date

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The Australian Actuaries Climate Index shows that the Spring of 2020 exhibited extreme weather in comparison with the same season in previous years. While a temperature index value of this... Read more continue reading

FPA calls for review of unsustainable ASIC levy as the regulator seeks guidance on affordable advice

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The Financial Planning Association of Australia (FPA) has made six recommendations in its Budget Submission 2021-22 aimed at addressing the rapidly increasing cost of practicing as a financial planner. FPA... Read more continue reading

Government urged to use Budget to reduce super complexity

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The Federal Government is being urged to use the 2021-22 Budget to reduce complexity in the retirement income system. In its submission, the SMSF Association says the Retirement Income Review found... Read more continue reading

FPA CEO Dante De Gori CFP® on the FPA’s submission to ASIC for CP333 Implementing the Royal Commission recommendations: Reference checking and information sharing

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The Financial Planning Association (FPA) supports the intent of the proposed ASIC regulatory guidance outlined in CP333, but the FPA wants to see measures extended beyond people employed or authorised... Read more continue reading

Regulatory system for financial advice failing consumers

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The SMSF Association says the current regulatory system is failing consumers with an outdated compliance regime, impost from Australian Financial Services Licensees (AFSLs) and the operation of scaled advice the... Read more continue reading

Sustainable investing industry grows during COVID-19

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A new study survey by CFA Institute, the global association of investment management professionals, reveals sustainable investing has been accelerated by the COVID-19 pandemic, though improved standards around ESG products... Read more continue reading

AFA responds to Single Disciplinary Body and exit of FASEA 

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The Association of Financial Advisers (AFA) acknowledges the announcement by Government yesterday on strengthening and streamlining oversight of the financial advice sector. Significantly, the Government announced the winding up of... Read more continue reading

FPA welcomes announced changes on FASEA

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The Financial Planning Association of Australia (FPA) welcomes the Morrison Government’s announcement that the Financial Adviser Standards and Ethics Authority (FASEA) will be wound down and its role to be... Read more continue reading

Streamlining financial advice industry regulation gets tick of approval

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The SMSF Association is putting its weight behind the Government’s decision to streamline the number of regulators for the financial advice industry. Under the proposal, Treasury will oversee the education,... Read more continue reading

Statement from FPA CEO Dante De Gori CFP®

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The Financial Planning Association welcomes the second Bill implementing recommendation from the Hayne Royal Commission, a critical component of restoring trust and confidence in Australia’s financial system. The Financial Sector Reform... Read more continue reading