FAAA concerned about lack of fee consent standardisation; ATO offers guidance on deductibility of advice fees

The FAAA is pushing for a mandated standardised fee consent form to minimise red tape and reduce the cost of financial advice in response to the government’s first QAR tranche.

The Australian Taxation Office has provided updated rules on the tax deductibility of financial advice fees.

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The government has released draft legislation to improve the delivery and accessibility of the adviser exam.

Australian Retirement Trust has announced who its next chief executive will be following outgoing CEO Bernard Reilly’s resignation in September.

The proposed merger between Diverger and Count has reached the next stage of its proceedings ahead of an expected February completion date.

National Australia Bank has announced two of its New Zealand-based subsidiaries will combine with Jarden Wealth to create a new wealth management entity with 113 financial advisers.

Sequoia has made a $2 million acquisition as it expands its product offering to deliver professional services to advisers.

A former AMP Financial Planning adviser from Newcastle has been banned for five years after failing to manage conflicts of interest.

In this episode of the ifa Show, host Maja Garaca Djurdjevic is joined by journalist Keith Ford to take a look at the government’s newly announced policy stance on the second and third tranches of the QAR.