Compensation scheme of last resort may be last straw for financial advice

  Compensation scheme of last resort may be last straw for financial advice industry • Financial advice industry opposes design of proposed compensation scheme of last resort (CSLR). • Concerns […]

SAFAA welcomes ASIC’s approach to new laws

Stockbrokers and Financial Advisers Association (SAFAA) welcomes ASIC’s announcement today that it will take a reasonable approach to the regulatory reforms coming into effect in October 2021. ASIC has stated […]

SAFAA Monthly – Aug 2021

INSIDE THIS ISSUE: Why we believe value stocks are poised to outperform growth | Get ready: Managed portfolio customisation technology is coming… Download PDF For optimal viewing, select to enter […]

SAFAA Monthly – Aug 2021

INSIDE THIS ISSUE: Why we believe value stocks are poised to outperform growth | Get ready: Managed portfolio customisation technology is coming… Download PDF For optimal viewing, select to enter […]

Latest ASIC levy estimate proves model is unsustainable

ASIC’s levy estimate of at least $1,500 plus $3,138 per financial adviser for FY 2020-21, an increase of $712 from the previous financial year, proves that the current levy model […]

Extending value proposition for brokers and wealth managers

How to increase your value proposition in a crowded market through OTC bonds The Australian Bond Exchange (ABE) was started in 2015 with the sole purpose of creating a bridge […]

The government and ASIC consult on crypto offerings

With cryptocurrency in the news almost daily, ASIC has released Consultation Paper 343 on crypto-assets as underlying assets for ETPs and other investment products providing investors with exposure to crypto-assets. […]

General vs personal advice

SAFAA’s recent CPD webinar on General V Personal advice provided a good opportunity for attendees to ask questions about the grey areas between general and personal advice and tease out […]

Should finfluencers be regulated?

On ABC TV recently and at the SAFAA conference, Senator Jane Hume, Minister for Superannuation, Financial Services and the Digital Economy said that people offering advice on social media about […]

SAFAA Monthly – July 2021

INSIDE THIS ISSUE: Democratising investing: How stockbrokers can reach the next generation of clients by embracing digital | + The swinging pendulum: Navigating private wealth management’s state of flux… Download PDF For optimal […]