Bridging The Gap: AFA/Tower launch Female Excellence in Advice Award

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The Association of Financial Advisers (AFA), TOWER Australia and the Macquarie Graduate School of Management officially launched the AFA Female Excellence in Advice Award (the Award) in Sydney last night. The Award is designed to encourage more women to consider financial advice as a career, to champion those who excel at it and to take

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AFA: FOFA hangs consumers out to dry

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FOFA hijacked by the superannuation lobby The Future of Financial Advice (FOFA) reform package announced this morning will impose higher costs on consumers, impede their access to advice, tie them up in red tape and create even greater confusion according to the Association of Financial Advisers (AFA). “While we believe the original intent of FOFA

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Risking Everything: AFA Calls on Minister Shorten to Do the Maths

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New consumer research reveals tampering with life insurance commissions could mean consumers risk everything Initial findings from Risking Everything – the Association of Financial Advisers (AFA)’s third tranche of research – reveal that many Australians would not seek life insurance advice if forced to pay for it via an upfront fee rather than via commissions.

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AFA: calls again to restrict use of the term "financial advisor" under legislation

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For better consumer protection, AFA again calls to enshrine the term “Financial adviser” In its 2009 submission to the Ripoll Inquiry, the Association of Financial Advisers (AFA) called for the term “Financial Adviser” which encompasses all those who work under the Australian Financial Services Licence (AFSL) regime to be enshrined in legislation. “Those who work

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AFA: Sarah Riegelhuth takes on role as GenXt Chair

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The Association of Financial Advisers (AFA) has announced the 2011/2012 GenXt Committee, appointing financial adviser Sarah Riegelhuth from Wealth Enhancers as Chair. x Richard Klipin, the CEO of the AFA said, “Sarah has been one of the shining lights and proud supporters of the AFA for the past four years and has distinguished herself as

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AFA: FOFA reforms include new education standards

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This week the Government and ASIC have made two key announcements concerning the future of advice. Increasing education standards for new and existing advisers Financial advisers and the scope taxation advice Together with FoFA these proposed changes will impact the landscape of advice in this country. The AFA is well placed to ensure that these

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Future of Financial Advice (FOFA) pack for AFA members

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AFA launches a Future of Financial Advice (FOFA) pack for members. The Association of Financial Advisers (AFA) have launched an information pack for members about FOFA reforms and their business. CEO Richard Klipin said the FOFA pack is designed to help financial advisers understand the key issues, timeframes and impacts of the proposed FOFA reforms,

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The $82,000 question

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 Industry funds research which asserts that consumers would be $82,000 better off in retirement if they did not pay fees to financial advisers is simplistic; fails to take into account the impact of strategic financial advice and is a blatant attempt to shift attention away from industry funds’ own opaque administration fees, according to the

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AFA/Tower launch Female Excellence in Advice Award to tackle the gender gap

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The Association of Financial Advisers (AFA), TOWER Australia and the Macquarie Graduate School of Management have joined forces to launch the AFA Female Excellence in Advice Award (the Award). The Award, which will be officially launched in May, is an important first step in tackling the gender gap that exists in retirement savings, wealth protection

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AFA appoints Alexandra Russell as new Marketing and Strategy Manager

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The Association of Financial Advisers (AFA) is very pleased to announce the appointment of Alexandra Russell as Marketing and Strategy Manager. This new role will focus on strengthening the brand, building the value proposition and working closely with Members to deliver benefits. Richard Klipin, CEO of the AFA said, “I am delighted to have Alexandra

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