Allens Linklaters partner Michelle Levy wants to simplify the laws governing financial advice to help end the exodus of professional advisers that has pushed up fees.
WT Financial Group is confident of future demand in the risk advice industry, backing Synchron’s future with a deal that could be worth up to $13 million, dependent on Synchron retaining advisers and revenue.
AFA general manager of policy and professionalism, Phil Anderson, has responded to questions about whether the planning group will be doing anything to get the Life Insurance Framework scrapped.
With a Federal Election and several reviews underway, there will be no room for regulatory changes in 2022 but the end of the year will be a different story once those are completed, according to the Financial Planning Association of Australia.
Sally Loane has announced she will be leaving the Financial Services Council after seven years as chief executive officer at the policy and advocacy organisation.