CSLR levy to shrink adviser numbers: FAAA survey

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A survey of members by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy is set to significantly impact Australia’s financial advice landscape, with the majority of respondents saying it will push up costs

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Government review endorses recognition of aged care advice provided by FAAA specialist advisers

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The Federal Government’s Independent Review of Residential Aged Care Accommodation Pricing[1] has endorsed the need for clearer boundaries between information and financial advice, with a recommendation that financial advice on aged care

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FAAA welcomes consultation on CSLR

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The FAAA welcomes yesterday’s release of three consultation papers on consumer protection and the Compensation Scheme of Last Resort (CSLR) by Minister Mulino. Sarah Abood, CEO of the FAAA, says: “Preventing

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FAAA marks three years since merger

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In the three years since the Association of Financial Advisers (AFA) and the Financial Planning Association of Australia (FPA) merged to become the Financial Advice Association Australia (FAAA), the FAAA

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FAAA and Chant West launch Adviser-Ready Fund accreditation

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Chant West and the Financial Advice Association Australia (FAAA) have jointly launched a framework to make it easier for financial advisers to work with superannuation funds to support their shared

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FAAA welcomes shadow minister Kevin Hogan and thanks Pat Conaghan 

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The FAAA congratulates Hon Kevin Hogan MP, the Federal member for Page in Northern NSW, on his appointment as shadow assistant treasurer and minister for financial services. Sarah Abood, CEO of the FAAA, says Mr Hogan’s professional background in financial

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FAAA roadshow heads to six Australian cities in 2026 

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Early bird tickets to the Financial Advice Association Australia’s (FAAA) 2026 roadshow are now available. The roadshows will take place across Australia, visiting six cities during April and May. FAAA CEO Sarah Abood, general manager of

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FAAA releases submission to Treasury on managed investment schemes

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The FAAA has released its latest submission to Treasury, providing feedback on the governance on managed investment schemes (MISs). The report titled “FAAA – Consultation – Enhancing oversight and governance

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FAAA submission on enhancing professional indemnity insurance

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In its submission to Treasury on enhancing professional indemnity insurance, the FAAA does not suggest substantial changes to the current PII regime, but has identified a number of options to maximise recoveries

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FAAA welcomes Pat Conaghan’s reappointment as Shadow Minister for Financial Services

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The FAAA welcomes the reappointment of the Nationals federal member for Cowper, Pat Conaghan, as Shadow Financial Services Minister and Shadow Assistant Treasurer. Sarah Abood, CEO of the FAAA, said:

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