Career changers to play key role in the next generation of financial advisers

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The Financial Advice Association of Australia (FAAA) has renewed efforts to attract professionals from diverse industries to consider careers in financial advice. The push is part of the FAAA’s recently-launched

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CSLR/Dixon Advisory inquiry on almighty go-slow 

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Last week saw revelations of a blow-out in the estimated costs for the Compensation Scheme of Last Resort (CSLR) for the 25/26 financial year, and the announcement of a Treasury

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FAAA Statement on the initial estimate for 2025/26 CSLR costs 

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Last week, the CSLR has announced the actuarial estimates for the CSLR levy that will apply to the 2025/26 financial year.  Sarah Abood, CEO of the FAAA, says: “We are shocked

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FAAA “deeply disappointed” by government’s response to its FOI requests on CSLR 

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Documents obtained by the Financial Advice Association Australia (FAAA) under Freedom of Information (FOI) reveal that an Impact Analysis into the Compensation Scheme of Last Resort (CSLR) – a process

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Statement from Sarah Abood, CEO of the FAAA, on advice fee consent

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“The FAAA remains focused on achieving efficiency improvements for members in the financial advice fee consent process. The current lack of standardisation has made it a very inefficient and frustrating

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FAAA submission to the Senate Economics Reference Committee Inquiry

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The FAAA’s submission to the Senate Economics Reference Committee Inquiry into Wealth Management Companies is now live. It FAAA CEO, Sarah Abood says: “The FAAA Wealth Management Companies Inquiry submission

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FAAA cautiously positive on Tranche 2 reforms: final detail will be important

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The FAAA is cautiously positive on the government’s announced DBFO Tranche 2 reforms in response to the Quality of Advice review, however CEO Sarah Abood said the final detail will be

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Consumer protection brief – advisers at the frontline of preventing financial abuse

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Introduction Financial Abuse is a major societal problem, regarded by many observers, and some states, as a form of domestic violence. Although recognised in Commonwealth law, in most Australian jurisdictions

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Top advisers recognised at 2024 FAAA Awards

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The winners of the FAAA annual awards have been announced at this year’s FAAA Congress in Brisbane. The awards are a highlight of the FAAA calendar and recognise members who deliver the

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FPSB India and FAAA boost cross-border opportunities for CERTIFIED FINANCIAL PLANNERS®

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FPSB India, a subsidiary of the Financial Planning Standards Board (FPSB), and the Financial Advice Association Australia (FAAA), have signed a memorandum of understanding (MoU) to promote cross-border mobility and

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