ifa - News and Insight for Independent Financial Advisers
WEBAdvisers deliver clients 5.7% value in 2024. According to a new report, advised investors are at least 5.7 per cent better off than non-advised investors.
‘Like any other tool’: Finding a balanced approached to AI in advice
WEB18 hours ago · As AI becomes increasingly prevalent in the advice profession, advisers must strike a balance between leveraging its capabilities and avoiding overreliance on the technology. news. September 20, 2024 By Shy-ann Arkinstall. Appearing on the latest episode of The ifa Show, owner and financial adviser at …
Unclear entry criteria is impacting the next generation of advisers
WEB18 hours ago · Unclear entry criteria is impacting the next generation of advisers. The lack of new entrants is an ongoing issue for the financial advice profession; however, a university lecturer says this may be due in part to unclear requirements for those aspiring to be advisers. Speaking with ifa, Deakin University financial planning lecturer Brooke Peel ...
Holistic advice growth stalls, but accounting model sees gains in …
WEB18 hours ago · Turning to the accounting model, it presents a story of two contrasting trends. On the positive side, the accounting–financial planning model, largely made up of accounting firms offering holistic advice, experienced the strongest growth in 2024 YTD, increasing by 1.5 percent - this translates to a gain of 13 advisers, bringing the total to 898.
Collaborative solutions needed to bridge Australia’s life insurance …
WEB18 hours ago · Collaborative solutions needed to bridge Australia’s life insurance gap. As affordability and a shortage of risk advisers continue to limit Australians' access to life insurance, industry experts are calling for a collaborative approach to tackle the ongoing underinsurance crisis. Speaking with ifa, the co-founder of Keep Insurance Co, D ...
News for financial planners and advisers - ifa
WEB4 days ago · August financial adviser exam pass rate plummets. News | 06 September 2024 | by Keith Ford. ASIC has released the results from the 26th cycle of the exam, with the pass mark at its lowest level since November 2022. Read more.
Submissions open for ifa Excellence Awards 2024 - ifa
WEBAug 13, 2024 · The unparalleled ifa Excellence Awards is returning for its 11 th year, with support from principal partner Padua, to recognise independent financial advisers and their practices as well as the top businesses and professionals in the financial services sector across Australia.. Submit an entry or nominate a worthy colleague or business by Thursday, 12 September 2024, for the opportunity to be ...
FPA and AFA officially merge to become the FAAA - ifa
WEBApr 3, 2023 · The Financial Planning Association of Australia (FPA) and the Association of Financial Advisers (AFA) have legally completed their merger to form the Financial Advice Association Australia (FAAA). In a statement issued on Monday, the FPA and AFA confirmed that from 3 April 2023, their staff will come together as a …
Latest Issue - ifa
WEBFor over 14 years ifa magazine has been the trusted source of information for Australia's financial planning sector. From business growth strategies and best practice to market intelligence, insights, opinion and all the latest industry news, ifa magazine is the must-read title for Australian financial planners and advisers. subscribe now.
Over $3bn paid or offered in compensation for financial advice
WEBFeb 14, 2022 · Six of Australia’s biggest banking and financial services institutions have paid or offered over $3 billion in compensation for financial advice-related misconduct, ASIC has revealed. The corporate regulator has confirmed that $3.15 billion as at 31 December 2021 has been paid or offered to customers of AMP, ANZ, CBA, Macquarie, NAB and ...