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Assistant treasurer and minister for financial services Stephen Jones has told the Association of Financial Advisers' THRIVE Conference that now is the time for change in the advice sector.
At the opening of the Association of Financial Advisers' Thrive conference, AFA president Sam Perera expressed an extremely optimistic outlook about the advice industry's future.
Despite falling revenue over the last three years the Association of Financial Advisers was far from being in risk of insolvency although it knew it had to pursue an evolving business model.
The Financial Planning Association of Australia and the Association of Financial Advisers have announced their intention to merge, with the goal of creating a united voice for the advice profession. T
The Association of Financial Advisers and Financial Planning Association of Australia have signed a Memorandum of Understanding to consider a merger.