News : Financial Planning

FPA reassures advisers over AFSL proposal

June 9, 2020

The FPA has clarified its recommendation to dismantle the AFSL system for advisers and replace it with individual registration.

read more

Financial Planning, Regulation

FPA wants AFSL system dumped

June 3, 2020

Tharshini Ashokan

The AFSL system for financial planners should be replaced by a new framework focusing on individual registration through a single disciplinary body, the FPA says.

read more

Accounting, Financial Planning

Advice services need post-COVID-19 focus

June 3, 2020

Jason Spits

The COVID-19 downturn has demonstrated the value of professional advice, but practitioners should be preparing for clients’ post-lockdown needs.

read more

Financial Planning, Superannuation

COVID-19 changes challenge trustees, advisers

May 28, 2020

Jason Spits

COVID-19-related legislative change has become an area of added concern for SMSF trustees and advisers, who have increased their requests for expert assistance.

read more

Financial Planning

FPA unveils changes to strategy, structure

May 28, 2020

Tharshini Ashokan

The FPA has revealed a new strategic direction and changes to its team structure as part of an effort to better reflect the financial advice industry.

Auditors on early access notice

May 20, 2020

Jason Spits

Auditors have been called upon to report attempts to rort the early access scheme, while advisers have been warned not to promote services that provide access.

read more

Financial Planning

COVID-19 advice ROA has licensee obligations

May 20, 2020

Darin Tyson-Chan

Specific licensee policies need to be considered before practitioners decide to use the compliance documentation relief measures regarding early access to super, an SMSF board member has said.

read more

FASEA, Financial Planning

AFA urges ALP to pass exam extension bill

May 12, 2020

Jason Spits

The AFA has called on the ALP to pass a bill that will extend the FASEA exam timetable after the party added an amendment at the eleventh hour.

read more

Financial Planning

Bodies welcome royal commission deferment

May 11, 2020

Tharshini Ashokan

Stakeholder groups have welcomed the government’s move to defer the implementation of measures relating to the banking and financial services royal commission.

read more

Financial Planning

Client newsletters not soliciting

May 4, 2020

Darin Tyson-Chan

An SMSF Association discussion panel has said it is unlikely the anti-soliciting provisions regarding the COVID-19 early super access advice will include client newsletters.

read more