Getting the right professional indemnity cover for the right price is as difficult for advice businesses as it’s ever been, according to a PI expert focused on the advice and wealth industry.
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While FASEA’s Code of Ethics is largely appropriate, world-renowned ethicist and Princeton University professor Peter Singer reckons the education authority fell short on conflicts of interest, which they “didn’t quite get right”.
Journalist and author Leigh Sales refrained from discounting the adversity of advisers when comparing them to some of the people she met researching her latest book, Any Ordinary Day.
Western Sydney University will offer existing financial advisers shortcuts to postgraduate degrees that should qualify them under new education standards, which are expected to be formalised in September.
Ray Miles has challenged ASIC on its ability to monitor a fragmented financial services licensing system, and said that gaining an AFSL is “easier than getting a driver’s licence”.
Simon Hoyle compares being a practice manager in advice to doing a defensive driving course – you need to keep your eyes up at all times. Getting caught up in…
