The FAAA says it has “reservations” about extending performance testing to retirement phase products beyond superannuation. bit.ly/3UbGYb5

The Joint Associations Working Group (JAWG) has put forward “core principles” to improve the pathways for new advisers to enter the profession. bit.ly/49QUPtf

The Financial Services Council says it will strengthen its “advocacy on advice issues” with its expanded membership cohort. bit.ly/3w6KUBY

The Financial Advice Association Australia has argued strongly against the implementation of the CSLR, calling the process “very poor and disappointing”. bit.ly/3WcdcW6

Following a two-week delay, the Federal Court has approved the $16 million class action settlement. bit.ly/3xEcMxR

As the demand for financial advice continues to rise while adviser numbers drop, advice firms are turning to technology to increase efficiency within their business and grow their client capacity. bit.ly/3TTHWsc

The AIOFP says the advice profession should be able to self-regulate with minimal interference from “Canberra bureaucrats”. bit.ly/3U49aNb

Political mudslinging rarely results in positive outcomes, and those in the crossfire often end up in worse shape than the intended target. bit.ly/3TZQu0L

According to a recent analysis, more than half the advisers at closed AFSLs are still on the FAR. bit.ly/3UhKMc9

The chief executive of AMP says its advice business is continuing to “reduce costs and improve efficiency”. bit.ly/3JiuIAt

Advisers are bracing for the Compensation Scheme of Last Resort levy while the Minister for Financial Services hits the campaign trail, officially unveiling the scheme in Melbourne today. bit.ly/3TUK9E1

While the government and opposition both argue for greater access to advice, the head of the FAAA says the events of the past year have driven advice costs higher. bit.ly/3JggFvj

After a warning issued to self-licensed advisers regarding ASIC registration leading to a compliance crackdown, it has come to light that the majority of unregistered advisers operate within micro or small AFSLs. bit.ly/3vGi1MT

#PODCAST : Host Maja Garaca Djurdjevic is joined by Keith Ford to discuss the first bill coming out of the Quality of Advice Review and the advice profession becoming a hot-button political issue. Tune in: bit.ly/3Uc0ndd

#finance #financialadvice #advice #risk #regul ...

The corporate regulator examined super performance in a recent report, with important ramifications for financial advisers. bit.ly/3PYCovH

The Financial Services Council says super funds should be able to nudge members on engaging with their super, but parameters need to be set. bit.ly/3JaFYyW

The aged care service provider has launched a consultation project to explore financial advice for older Australians. bit.ly/3PVO5TO

As the federal election gets closer, the AIOFP says advisers can take advantage of politicians wanting votes. bit.ly/3JfiPLQ

A senior ombudsman from AFCA has cautioned advisers to “tread with caution” when applying the wholesale test to SMSFs. bit.ly/43TfcV3

The drafting error within the first QAR bill is an “embarrassing blunder” for the government, but what impact will it have on the legislation’s passage through Parliament? bit.ly/4aL8G5g