Page 3 - Aiofp News Today

The Association of Independently Owned Financial Professionals has criticised “elitist” younger advisers who do not support Labor’s proposed education exemption for older advisers.

The AIOFP has hit out at “elitist” younger advisers for opposing Labor’s proposal to significantly ease the education requirements on existing advisers. The executive director of the Association

The AIOFP has accused the government of overlooking the facts as it pursues the introduction of robo advice. The executive director of the Association of Independently Owned Financial Professionals (A

The AIOFP has called for new amendments to be made for the compensation of last resort scheme (CSLR), questioning the governments decision to exclude banks from the new obligations.

It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking industry create a conflict of interest.

The AIOFP has inked a letter to the FSC, making its disapproval of the latter’s views on a pathway for the advice community perfectly clear.

The Association of Independently Owned Financial Professionals is “cynical” of the Financial Services Councils’ recommendations and believe there are flaws.

AIOFP mounts new action on commission removal AIOFP mounts new action on commission removal Following its attempted legal challenge to the banning of grandfathered commissions, the industry body has found favour for a new adviser action against institutions that proactively removed the revenue ahead of the January deadline. A A In a recent communication to members, AIOFP executive director Peter Johnston said the adviser association had been approached by “a group of advisers wanting to seek ...