The Abbott Government's changes to financial advice laws get the Dickens treatment, as Scrooge is visited by the Ghosts of Financial Advice Past, Present and Future for an End of Financial Year Carol....
INDEPENDENCE IS THE TICKET TO THE DANCE Last month Australia’s largest accounting group, the Certified Practicing Accountants (“CPA”) launched a financial planning solution for its members – CPA Australia Advice Pty Ltd. It will essentially offer a licencing solution for its members who want to offer...
PUTTING FIRST THINGS FIRST In the wake of the Commonwealth Bank saga both government and industry are making the same noises they've been making for nearly two decades now, only louder. It's time for a different approach. US President Dwight Eisenhower said "what is important is seldom...
GREENS BACK INDEPENDENT ADVICE Greens Senator Peter Whish-Wilson has issued a strong endorsement of the independent financial advice sector, musing about a future industry dominated by non-aligned players. Rising to speak in support of Labor's failed attempt to disallow the government's FOFA amendments last week, Senator Whish-Wilson...
HOW TO FIND TRUSTWORTHY FINANCIAL ADVICE It's been a rough time for the financial planning industry of late. Between the Commonwealth Bank scandal, which saw customers lose their life savings at the hands of unscrupulous advisers, and the government watering down consumer protections, the idea of entrusting...
IFAAA WELCOMES CPA AUSTRALIA TO THE FRATERNITY OF INDEPENDENT FINANCIAL ADVISERS IFAAA Media Release IFAAA welcomes CPA Australia to the fraternity of Independent Financial Advisers The Independent Financial Advisers Association of Australia (IFAAA) has today applauded CPA Australia’s new initiative, CPA Australia Advice. The IFAAA believes that CPA’s...
A LOST OPPORTUNITY FOR CONSUMERS IFAAA Media Release Enhanced Public Register of Financial Advisers ‘lost opportunity’ for consumers Earlier this year the Government announced it would set up an Enhanced Register of Financial Advisers for the benefit of consumers. The Government said the register would provide details of...
IFAAA President, Daniel Brammall, live interview on ABC's The Business Original source ...
IFAAA TRADEMARKS THE GOLD STANDARD OF INDEPENDENCE Media Release July 4th, 2014 IFAAA trademarks the Gold Standard of Independence The Independent Financial Advisers Association of Australia (IFAAA) announces today it has trademarked the Gold Standard of Independence TM. Similar to the Heart Foundation’s “Tick of Approval” that guides Australians to healthier...
Transcript CHRIS UHLMANN, PRESENTER: Who pays the piper calls the tune. It's a proverb that fits one view of financial planners like a glove, an industry seen as working for commissions, not clients. So laws to reform financial advice are going before Parliament. But some insiders...