PIFA warns that consumers will be misled
Media Release3 March 2020No Embargo The Profession of Independent Financial Advisers (PIFA) has warned of the risk that consumers will be misled if proposed legislation goes ahead as drafted. In…
Media Release3 March 2020No Embargo The Profession of Independent Financial Advisers (PIFA) has warned of the risk that consumers will be misled if proposed legislation goes ahead as drafted. In…
As industry associations “circle the drain”[1] and the banks and insurers scramble for the exit, the financial planner ‘casualties of inaction’ are starting to pile up. Research by MLC[2] shows that two…
A new online, self-paced training program, “Path to Professionalism”, has been launched by the Profession of Independent Financial Advisers (the Profession) at its annual national conference held in Canberra last…
The Profession of Independent Financial Advisers has released the results of an Australia-wide phone survey in the wake of the Royal Commission into Misconduct in the Banking, Superannuation and Financial…
It happened just a fortnight ago but no one seems to have noticed. It made not a ripple in the media and no doubt financial planners are too busy studying…
The Independent Financial Advisers Association of Australia today announces it has progressed its plans to professionalise the industry. The IFAAA last month submitted an application to the Professional Standards…
There are events in our past which at the time seemed nothing unusual … but with the passage of time when you look back, you realise things would be very…
The Independent Financial Advisers Association of Australia (IFAAA) enthusiastically endorses the financial advice recommendations published this week by the Royal Commission into the Banking, Superannuation and Financial Services Industry, and believes these recommendations are great news for the public.
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.