The major banks and insurance companies are now reeling in the wake of the Royal Commission, a saga that exposed a culture of self-interest and deceit. The public is outraged at how an irresponsible and out of control banking industry covertly went about its business, apparently at the expense of its clients.
The President of the IFAAA, Daniel Brammall, talks to the ABC about the information coming out of the Banking Royal Commission around banks and insurance companies charging fees for no service, what this is doing to the reputation of financial planners working for these institutions, the impact on them, their clients, and what it means for independent financial planning into the future.
IFAAA to professionalise and change its name MEDIA RELEASE 1 December 2017 The Independent Financial Advisers Association of Australia (IFAAA) today announces its intention to become a profession by submitting…
Do you find yourself saying ... “I can’t offer the type of advice I really want to give where I am.” “I feel like a salesperson.” “I want to deliver…
The Abbott Government's changes to financial advice laws get the Dickens treatment, as Scrooge is visited by the Ghosts of Financial Advice Past, Present and Future for an End of…
INDEPENDENCE IS THE TICKET TO THE DANCE Last month Australia’s largest accounting group, the Certified Practicing Accountants (“CPA”) launched a financial planning solution for its members – CPA Australia Advice…
PUTTING FIRST THINGS FIRST In the wake of the Commonwealth Bank saga both government and industry are making the same noises they've been making for nearly two decades now, only…
GREENS BACK INDEPENDENT ADVICE Greens Senator Peter Whish-Wilson has issued a strong endorsement of the independent financial advice sector, musing about a future industry dominated by non-aligned players. Rising to…
HOW TO FIND TRUSTWORTHY FINANCIAL ADVICE It's been a rough time for the financial planning industry of late. Between the Commonwealth Bank scandal, which saw customers lose their life savings…
IFAAA WELCOMES CPA AUSTRALIA TO THE FRATERNITY OF INDEPENDENT FINANCIAL ADVISERS IFAAA Media Release IFAAA welcomes CPA Australia to the fraternity of Independent Financial Advisers The Independent Financial Advisers Association…
