The ‘safe harbour’ law is failing to protect Evans Dixon investors. What does this conflict mean for others?

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A feature in the recent AFR highlights the failure of the Hayne Royal Commission to address the loopholes in the ‘Safe Harbour’ law. Criticism of Evans Dixon’s heavy promotion of its own URF (US Masters Residential Property Fund) to its clients, as well as their reliance on the fund, which accounts for 67% of Dixon’s total group revenues, is currently gathering […]

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Australia’s first financial advice certification mark announced: Certainty Advice

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Certainty Advice Group has announced a certification mark for ethical financial advice. It’s a first in Australia. “Since 2005, we have always had a simple objective,” says MD of Certainty Advice Group, Jim Stackpool. “Consistent and methodical delivery of comprehensive and ethical advice without any real or perceived conflict or incentives. So by creating this […]

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What Price Valuable Advice? How to recognise valuable, affordable financial advice

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While many believe that Big Data and convenient technology will make financial advice easier, at Certainty Advice Group they’re not so sure. What truly valuable advice is (and how clients can identify it) is the topic of this nationwide advice firm’s latest white paper, released May 2017. “While accessible, easy apps for your quick ride, […]

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Instability, ‘financial pornography’ and the fear driving financial advice

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A national group of financial advisory firms, Certainty Advice Group, predicts the populism sweeping aside long-held assumptions about financial security will change the financial advice landscape forever. This theme is explored in the recently released white paper: Our Secret Financial Insecurities: Ensuring our rough patches don’t become our financial realities. “Since Trump gobsmacked most media […]

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Calling a ceasefire in the client wars: New white paper signals greater common ground for accountants and financial advisers

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A national group of financial advisory firms predict the ‘territorial dispute’ between accountants and financial planners will soon be a trend of the past. This theme is explored in the recently released white paper Crossing the Divide: Financial advisory, accounting and the SMSF opportunity “The industry experts got it wrong,” says MD of Certainty Advice […]

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Financial advice industry responds to Recommendation 25

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Do advisers really need a tertiary compliance degree? The nationwide Certainty Advice Group has responded to Treasurer Morrison’s proposal for more stringent compliance accreditations. In his recent blog post, Certainty Advice Group founder Jim Stackpool sparked debate in the industry by proposing an alternative to the legislation. Hands-on experience, similar to an accountant’s ‘professional year’, […]

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Will advisers really be worse off if we take incentives off our products?

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The Financial Services Council’s Life Insurance Conference held before Easter has brought the ‘incentive elephant’ back into the room. On the day, former member of the Australian Prudential Regulatory Authority John Trowbridge highlighted the structural problems of incentive-based practices within the insurance industry. For many, his comments have re-ignited anxiety in the belief that ‘Mum […]

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Advisory firm launches new financial advice designation

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Specialist training and coaching provider, Strategic Consulting and Training (SCAT) has rebranded Certainty Advice Group and developed a new designation to help consumers identify professional advisers with the right skills and approach to remove financial complexity and deliver certainty. The Certainty Adviser (CA) designation, which has been trademarked with IP Australia and is in the […]

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