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IPA calls for ASIC's powers to be stripped - Vimarsana News

IPA calls for ASIC's powers to be stripped

The Institute of Public Accountants is hoping the Quality of Advice Review makes bold moves towards meaningful reform for the advice sector. Speaking at the SMSF Association Technical Summit, IPA grou

'Confusing' advice definitions leading to disputes: AFCA - Vimarsana News

'Confusing' advice definitions leading to disputes: AFCA

Confusion around the terms general and personal advice and the requirements for limited advice are some of the main issues causing disputes, says AFCA. Speaking at the SMSF Association Technical Sum

'Environment of fear': Advisers terrified of regulator action - Vimarsana News

'Environment of fear': Advisers terrified of regulator action

Submissions in the Quality of Advice Review have reflected an intense fear of ASIC and AFCA, the head of the review has said. Speaking at the recent SMSF Association Technical Summit, Allens partne

SMSFA calls on APRA-regulated funds to standardise verification requirements - Vimarsana News

SMSFA calls on APRA-regulated funds to standardise verification requirements

While most APRA-funds now have consistent approach to proof of identity requirements for SuperStream, there are still a few outlier funds causing issues for the SMSF sector. Speaking at the SMSF Ass

Expect more advisers to exit industry as mental health declines: Hunt - Vimarsana News

Expect more advisers to exit industry as mental health declines: Hunt

Declining mental health caused by compliance burdens and tougher education standards resulting in droves of advisers leaving the financial planning industry, according to research.