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

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Investor Signposts: Week Beginning April 17 2011

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Upcoming economic and financial market events x The big picture Aussie businesses have to cope with a lot. The global environment has been far from stable in recent years, what with

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FPA calls on Minister Shorten to recognise financial planning profession under law

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Minimum standards and legislative support benefits for all Australians x The Financial Planning Association (FPA) today called upon Assistant Treasurer and Minister for Financial Services and Superannuation Bill Shorten to

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ASIC proposes major improvements in quality of prospectuses

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ASIC is proposing an overhaul of prospectuses that would make them much easier for retail investors to use and would improve the quality of information on the proposed business model and

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Survey supports risk-based model for property insurance for natural disasters – and some government involvement

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A survey of 420 actuaries shows that an overwhelming majority (73%) support retention of a risk-rated model for property insurance with opinion divided on whether there should be premium subsidies

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AXA commences Risk Learning Programme v.3

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AXA Australia has launched the third instalment of its successful Risk Learning Programme to advisers and adviser support staff across the country. X AXA Head of Product and Sales Capacity, Brad

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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.

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AMP upgrades risk insurance offer for new and existing customers

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AMP has launched a range of product enhancements and new service initiatives across its retail and group insurance offerings, effective immediately. AMP Director of Wealth Protection Products Michael Paff said

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AIST/ Russell launch Super Engagement Index and research

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Superannuation important to 85% of Australians’ retirement A third of fund members don’t know employer contribution amounts New index will allow superannuation funds to track member engagement The Australian Institute

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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

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