ifa - News and Insight for Independent Financial Advisers
WEBHolistic advice growth stalls, but accounting model sees gains in 2024. Wealth Data has analysed the year-to-date shift in the number of financial advisers providing holistic advice.
Finalists unveiled for Women in Finance Awards 2024 - ifa
WEB6 hours ago · September 24, 2024 By Malavika Santhebennur. A total of 258 finalists have been selected to compete at the eighth annual Women in Finance Awards. The national awards program, run with the support of principal partner Mortgage Choice, is designed to celebrate the leading women and companies influencing …
How can licensees support advisers to report financial abuse?
WEB6 hours ago · In a conversation with ifa, Wealth Planning Partners director Amanda Cassar argued that licensees need to have a plan for their advisers to follow if and when they come across cases of financial abuse in their clients. “I think licensees need to have vulnerable client practices and financial abuse standards within the business, and I don’t ...
News for financial planners and advisers - ifa
WEBSep 16, 2024 · News - Daily online news geared to helping Australia's financial planners and advisers drive business growth.
Positive shift in minister’s attitude sparks hope for advice profession
WEB22 hours ago · September 24, 2024 By Maja Garaca Djurdjevic. The CEO of the Financial Advice Association Australia (FAAA) noted a positive change in the minister’s attitude during their latest meeting on the Compensation Scheme of Last Resort (CSLR), indicating a greater willingness to understand the industry’s concerns. “In the …
‘Opportunities are massive’: The case for entering advice
WEB6 hours ago · news. September 24, 2024 By Keith Ford. Speaking to an audience of prospective advisers at a Striver Brimstone event in Sydney on Monday, Rachel Bell, training and relationship manager at Sustainable Life Solutions, said the pathway to owning your own advice firm can be an attractive option. “The opportunities for advice are massive.
'Lots to do': How to make advice more affordable - ifa
WEB1 day ago · While the Delivering Better Financial Outcomes (DBFO) reforms have been heralded as a significant step towards reducing the cost of advice to make it more affordable for Australians, the first tranche seems to have barely made a dent and the second is not yet in sight. On the latest episode of the ifa …
What to consider in an estate plan - ifa
WEB6 hours ago · Tax is a really big consideration when you’re making those plans,” he said. “So in that scenario, maybe it’s better to give your superannuation to an individual like your partner and then divide other assets amongst other family members. So instead of that, just split everything … on a percentage basis, for example, maybe it’s ...
Over $3bn compensation paid or offered for financial advice ... - ifa
WEBAug 24, 2022 · Six of Australia’s largest banking and financial institutions have paid or offered a total of $3.6 billion in compensation as at 30 June 2022 to customers who “suffered loss or detriment because of fees for no service misconduct or non-compliant advice”, ASIC has confirmed. The corporate watchdog confirmed the news following a …
Over $3bn paid or offered in compensation for financial advice
WEBFeb 14, 2022 · Six of Australia’s biggest banking and financial services institutions have paid or offered over $3 billion in compensation for financial advice-related misconduct, ASIC has revealed. The corporate regulator has confirmed that $3.15 billion as at 31 December 2021 has been paid or offered to customers of AMP, ANZ, CBA, Macquarie, NAB and ...
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