Professional standards – New Model Adviser

It’s time to be bold and tell the success stories of financial advice

Melissa Caddick was just one more in a line of people who over the years have given financial advisers a bad name, even though she wasn’t even an adviser. The […]

by Simon Hoyle — March 30, 2021 — 0 comments — Advice, APAC, Consumers/retail, Global, Insights

Protecting true financial advisers a central part of the new regime

Financial advisers are a mightily exclusive group, and should be treasured as such. We all know the new standards that existing financial advisers must meet if they want to stay […]

by Simon Hoyle — February 23, 2021 — 2 comments — Advice, APAC, Current events, Global, In the news, Legislation, Profession

Will the disruption, cost and stress of new standards be worthwhile? This research says ‘yes’

The introduction of new education, professional and ethical standards has been painful for many advisers. The process has been protracted, disruptive and costly. But even if the implementation has been […]

by Simon Hoyle — October 13, 2020 — 3 comments — Advice, APAC, Current events, Global, Industry, Insights, Legislation, Profession

New standards costing advisers time and money, but the public is onboard

The introduction of new education, professional and ethical standards for financial advisers has proven to be both costly and disruptive for financial advices and advice businesses. But new research by […]

by Simon Hoyle — August 31, 2020 — 2 comments — Advice, APAC, Consumers/retail, Global, Insights

Why the FASEA standards will be worth the disruption

On January 1 last year the financial advice industry entered a new era when the first of a set of new education, professional and ethical standards came into force. Between […]

by Simon Hoyle — February 20, 2020 — 0 comments — Advice, APAC, Global, Insights, Legislation

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 Simon Hoyle — November 21, 2019 — 0 comments — APAC, Global, In the news, Insights, Profession

Accountants and financial advice: avoid or fill a void?

As more financial advisers head for the exit doors, prompted by higher education standards and an end to grandfathered conflicted remuneration, accountants are a popular choice to step into the […]