News : Financial Planning

Accounting, Financial Planning, Superannuation, Tax

Advice use could inject $600b into economy

November 25, 2020

Widespread use of professional financial, superannuation, tax and accounting advice could provide billions in economic benefits to the nation, according to new research.

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ASIC, Financial Planning

Protocol will enable five-year work check

November 19, 2020

Jason Spits

A draft reference-checking protocol includes the ability for licensees to check five years of an adviser’s work and audit history before deciding to employ them.

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ASIC, Financial Planning

ASIC begins limited advice consultation

November 17, 2020

Tharshini Ashokan

ASIC has commenced consultation on the provision of affordable and limited financial advice.

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ASIC, Financial Planning

SMSFA welcomes ASIC limited advice review

November 17, 2020

Tharshini Ashokan

The SMSF Association has welcomed the release of ASIC’s consultation paper on the provision of affordable and limited financial advice.

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Financial Planning

Govt determined to reduce advice impediments

October 22, 2020

Darin Tyson-Chan

The reduction in red tape that is hindering the ability to deliver affordable financial advice to more Australians is a priority for the federal government.

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ASIC, Financial Planning

Property spruiking diminishes

October 21, 2020

Jason Spits

Unlicensed advice remains a concern for ASIC, which has asked advisers to report any instances of such behaviour they might come across.

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Financial Planning, Superannuation

Support for specialist advice grows

October 21, 2020

Darin Tyson-Chan

Evidence from several industry quarters indicates there is a growing trend in the interest and support for specialist financial advice, the SMSF Association has observed.

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Financial Planning

Misconceptions preventing robo-advice uptake

October 21, 2020

Jason Spits

Misconceptions about regulatory barriers to digital advice are preventing advisers from adopting it despite the presence of information to the contrary.

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Financial Planning

Court convicts Henderson

October 20, 2020

Darin Tyson-Chan

Former Henderson Maxwell chief executive Sam Henderson has been convicted of issuing defective disclosure documents and dishonest conduct by the NSW Local Court.

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Financial Planning

FSC releases new advice model research

October 20, 2020

Darin Tyson-Chan

The Financial Services Council has released research containing recommended changes to the current financial advice model it is looking to use as the catalyst for a policy debate on the issue.

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