News : Financial Planning

Accounting, financial advice, Financial Planning, Superannuation

Reconsider accountants advice role

Accountants, superannuation advice, New Class of Adviser, Institute of Financial Professional Australia, IFPA, Natasha Panagis, ATO portal, registered tax agent, limited licensing

The ability for the proposed new class of adviser to provide super advice has reignited calls for accountants with their higher qualifications to be able to do the same.

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Education, financial advice, Financial Planning, Regulation

SMSFA welcomes expanded pathway

The SMSF Association has welcomed an expansion of the pathway for new entrants into financial advice, but wants to ensure current quality standards are retained.

The SMSF Association has welcomed an expansion of the pathway for new entrants into financial advice, but wants to ensure current quality standards are retained.

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Education, financial advice, Financial Planning

New adviser pathway expanded further

The pathway for new entrants into financial advice will be expanded to include anyone with a bachelor’s degree after they have completed core units of study related to the sector.

The pathway for new entrants into financial advice will be expanded to include anyone with a bachelor’s degree after they have completed core units of study related to the sector.

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Education, financial advice, Financial Planning

Education changes welcomed

Government plans to allow more people to become advisers have been generally welcomed as a departure from a flawed model that prevented growth of the sector.

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Compliance, financial advice, Financial Planning, Regulation

CSLR review extension disappointing

Financial Advice Association of Australia, FAAA, Division 296, Upper House, Parliament, Philip Anderson, Senate, Better Targeted Super Concession Bill,

An extension to the inquiry into the operations of the Compensation Scheme of Last Resort is frustrating, given advisers need clarity on how it will impact their businesses.

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Education, financial advice, Financial Planning

Don’t delay education requirements

SMSF Association Keddie Waller Financial advice Financial advisers Education requirements Experienced pathway Authorized Relevant provider

Financial advisers who lose their authorisation should be aware of what education requirements they may need to meet to ensure they can still practise after the start of 2026.

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financial advice, Financial Planning

More urgency needed for Dixon inquiry

The government has been urged to accelerate the Senate inquiry into the Dixon Advisory collapse and its interaction with the CSLR.

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financial advice, Financial Planning

CSLR costs heavily criticised

Compensation Scheme of Last Resort CSLR Review SMSF SMSF Association Peter Burgess Financial Advice Association Australia Sarah Abood Financial Services Council Blake Briggs Dixon Advisory United Global Capital

The rapidly rising Compensation Scheme of Last Resort levy has been condemned as an extra burden on the advice sector that shows it is not operating as intended.

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financial advice, Financial Planning

Compo scheme to be reviewed

Treasury Compensation Scheme of Last Resort CSLR, Stephen Jones Assistant Treasurer Minister for Financial Services Dixon Advisory United Global Capital

The government will review the operations of the Compensation Scheme of Last Resort following a significant blow-out in its costs to the advice sector.

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financial advice, Financial Planning

CSLR levy to more than triple for advisers

Compensation Scheme of Last Resort CLSR ASIC financial advice David Berry

The estimated Compensation Scheme of Last Resort levy for advisers is set to exceed $70 million, with practitioners likely to be hit twice to fund its operations.

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