Professional Trade Media
Keith Cullen joins the IFA Magazine Podcast to discuss the recent passage of the first Delivering Better Financial Outcomes bill and the need to expand the advice profession.
IFA
The first Delivering Better Financial Outcomes bill has passed the Senate after the government bowed to industry pressure and amended controversial changes to s99FA of the Superannuation Industry (Supervision) Act.
Professional Planner
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The Super Members Council has drawn the ire of the financial advice community after it used “inflammatory and inaccurate language” to label advisers as “dodgy”.
IFA
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Appearing before the Senate economics committee, WT Financial managing director Keith Cullen has described the first tranche of the Quality of Advice Review (QAR) as a “ticking time bomb”.
Money Management
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Advisers are coming together to protest the government’s handling of key legislative and regulatory matters directly impacting the costs and availability of financial advice.
IFA
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The Australian life insurance sector is at a crossroads. Urgent structural reform driven by a vision for the future is critical for its survival and for the protection of Australian families.
IFA
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After a busy time which saw a number of mergers and acquisitions across advice firms, or attempted buys of peer groups at the licensee level, the market will see more consolidation within “like-minded practices” in those advice groups.
Professional Planner
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According to the newest members of the FSC board, advice networks having a “seat at the table” is a positive development for the profession.
IFA
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The Financial Services Council says it will strengthen its “advocacy on advice issues” with its expanded membership cohort.
IFA
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The head of a national licensee says that advisers need to “re-embrace personal risk insurance”.
IFA
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Despite reporting an indicative 57 per cent annual increase in revenue, WT Financial Group will maintain its focus on driving further growth with the practices in its network rather than “chasing” more advisers.
Professional Planner
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As a profession, advisers are significantly short-selling themselves, with many deterred by research around how much people are willing to pay for advice, according to WT Financial.
Money Management
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