After getting a run as acting CEO for six months last year, the AFA's new chief executive, Phil Anderson, says he's keen to tackle the role in a permanent capacity and push the association's agenda with a broader range of stakeholders.
Debate has flared about the merits of Labor's plan to give experienced advisers a free pass on degree equivalency. Is the proposal a necessary concession, or a cheap carve-out that will unwind much of the industry's progress? "We want to call ourselves professional," one adviser says. "What other professional doesn't need a degree?"
As of 1 January, ASIC will take on the administration of the financial adviser exam. In a brief statement issued on Tuesday, the corporate regulator relayed its new responsibilities following the pas
ASIC has revealed a major focus over the next 12 months will be to identify and pursue “opportunities for smarter regulation”. In its July-September quarterly update released on Wednesday, the c