News : financial advice

ASIC, Compliance, financial advice

External information can lower risk

ASIC

Pointing clients to investment guidance provided by organisations such as ASIC is a good way to minimising the risk of an advisory practice.

read more
financial advice, Regulation, SMSFA

Levy to address SMSFA tech summit

Quality of advice review

The author of the Quality of Advice Review report Michelle Levy will unpack the government’s response to it at this year’s SMSF Association Technical Summit.

read more
financial advice, Financial Planning

FAAA gets over 80 per cent member nod

FAAA membership renewals

The FAAA has announced an 80 per cent membership renewal rate, indicating strong support and confidence in the newly merged representative body.

read more
ASIC, financial advice

Adviser levy increase unfair

Financial adviser levy

The government’s decision to end the financial adviser levy freeze is unfair as the model for calculating the appropriate fee level is still under review.

read more
ASIC, financial advice, Financial Planning

ASIC levy to rise past $3000

ASIC adviser levy

The financial adviser levy charged by ASIC will climb past the level that led to the previous government imposing a two-year freeze on the industry funding applied by the regulator.

read more
ASIC, financial advice

Adviser levy set to increase

adviser levy

The government will end the temporary relief program on the ASIC levy paid by financial advisers from the end of this financial year.

read more
Compliance, financial advice, Financial Planning

Compensation scheme to start next year

Compensation scheme last resort

A compensation scheme of last resort will be in operation by early next year, but questions have been raised about its coverage and funding model.

read more
Education, financial advice

Adviser exam pass rate static

adviser exam pass rate

The number of advisers passing the most recent mandatory exam overseen by ASIC has remained on par with the previous sitting, with around two-thirds being successful.

read more
financial advice, Regulation

QAR accountants exclusion highlighted again

QAR accountants

The Quality of Advice Review recommendations and the government’s acceptance of them have overlooked the role accountants have in providing financial advice.

read more
Education, financial advice, SMSF

Peer experiences sought by trustees

SMSF trustees peers

The past experience of their peers is what SMSF trustees looking to seek financial advice in the next 12 months want to learn from practitioners.

read more

Copyright © SMS Magazine 2025

ABN 80 159 769 034

Benchmark Media

WordPress website development by DMC Web.