A surprise small tax cut, but little else for financial advisers in the 2025 Federal Budget

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A rather subdued Federal Budget has been delivered in Canberra on the eve of the announcement of the federal election. This was a Budget that Treasurer Jim Chalmers, up until

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David Barrett joins FAAA as senior manager policy and advocacy

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Financial Advice Association Australia (FAAA) has appointed David Barrett to the newly created role of senior manager policy & advocacy, effective 24 March 2025. He is based in Sydney and

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CSLR Actuaries Report reveals much more pain to come

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When the CSLR operator released the CSLR Levy Estimate for the 2025/26 year on 31 January 2025, the shocking number was the $70m cost to the financial advice profession in

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CSLR – Poor design and implementation by Government

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The FAAA has been outspoken in our criticism of the CSLR. In our submission to the Senate Economics Committee inquiry into Wealth Management Companies we have highlighted serious concerned about

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Senate Inquiry must hear real Dixon Advisory stories

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This week I had the chance to talk to a former Dixon Advisory client, hearing his experiences but also his understanding and views on what happened. We should never forget

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Aged Care Steps announces finalist for 2024 Aged Care Adviser of the Year Award

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Industry leader Aged Care Steps has announced the Finalists for this year’s ACS Aged Care Adviser of the Year Awards. Now entering its third year, the awards continue to recognise

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AMP announces winner of the 2024 University Challenge

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Jack Weiland, Jordan Bertucci and Ryan Auwardt have won AMP’s University Challenge for 2024. The team from Deakin University was one of eight finalists taking part on the day. Now

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FAAA welcomes ASIC Relief on Financial Services Guide Requirements

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The Financial Advice Association Australia (FAAA) has welcomed the Australian Securities and Investments Commission’s (ASIC) announcement of relief measures that allow financial advisers to rely on website disclosure information instead

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Dixon Advisory and CSLR anger – part one

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After presenting the regulatory update at the May 2024 FAAA Roadshow, with 10 presentations delivered around the country covering our objections to the way the Compensation Scheme of Last Resort

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FAAA releases draft policy platform for member consultation

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The Financial Advice Association Australia (FAAA) has kicked off the first day of the FAAA Roadshow 2024 with the launch of its draft policy platform for member consultation. It was

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