Profession

Financial advice stands one step from the summit

Financial advice stands one step from the summit

At an altitude of almost 8800 metres, and just 50 metres below the summit of Mt Everest, there was a small but technically challenging section which came to be known […]

by June 4, 2020 0 comments Advice, Advisers, Profession
The pointy end of professionalism

The pointy end of professionalism

In November in Canberra, the Profession of Independent Financial Advisers (PIFA) held its 2019 symposium, attended by the principals of around 30 financial advice firms that conform to the Corporations Act Section […]

by November 21, 2019 0 comments Profession
Tinkering with adviser standards undermines the profession

Tinkering with adviser standards undermines the profession

The financial advice education, professional and ethical standards program overseen by the Financial Adviser Standards and Ethics Authority (FASEA) not have been universally popular, but it was the best thought-out […]

by October 14, 2019 0 comments Advisers, Legislation, Licensees, Profession
The advice gap: it’s real, it’s happening now, and it needs to be bridged

The advice gap: it’s real, it’s happening now, and it needs to be bridged

Financial advice in Australia has a poor reputation. The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services industry caused trust in the sector to plummet, but even […]

by September 10, 2019 1 comment Accountants, Legislation, Profession
Walking the walk to prove the future of advice

Walking the walk to prove the future of advice

Matthew Rowe has talked the talk, and now he’s limbering up to walk the walk. At stake might be nothing less than the future of the financial advice profession itself. […]

by August 27, 2019 1 comment Licensees, Profession
I won’t back down: Why perseverance is key for advisers

I won’t back down: Why perseverance is key for advisers

Financial advisers are facing some real headwinds at the moment.  Over the coming year, they’re all required to sit and pass a universal examination, and then they’ll need to upgrade their […]

by August 27, 2019 0 comments Advice, Profession
The carrot and stick of financial advice ethics

The carrot and stick of financial advice ethics

The biggest changes financial advisers face in the next few years don’t stem from new education standards or the industry-wide exam and are not due to the introduction of new […]

by August 27, 2019 1 comment Legislation, Profession
New home, new licence: Crosbie Wealth prepares for the future

New home, new licence: Crosbie Wealth prepares for the future

On the day CoreData visits Crosbie Wealth Management in Newcastle, just more than two hours’ drive north of Sydney, the sharemarket falls almost 3 per cent, or almost 190 points, […]

by August 27, 2019 0 comments Advisers, Practice, Profession
The CoreData Adviser Intelligence Dashboard

The CoreData Adviser Intelligence Dashboard

New education, professional and ethical standards are expected to have a profound effect on the number of financial advisers operating in the Australian market between now and when the last […]

by August 27, 2019 0 comments Licensees, Profession