Mentor Education - RG146 Training Australia

Mentor Education - RG146 Training Australia

Category: Content
Type: Blog Article

Generated 3 weeks ago

New blog articles detected

  • ASIC Dismissive Of Adviser ‘Bad Apples’ Rhetoric

    ASIC chief Greg Medcraft has dismissed the root cause of the recent banking scandals as the result of a few bad apples, conceding that issues stem from a lack of accountability. Medcraft speaking this week at a Finance Oath panel hosted by the University of Melbourne on Culture in Banking and Finance: Who’s Really Responsible? claimed that problems plaguing … Continue reading ASIC Dismissive Of Ad...

  • Parliament Introduces New Adviser Legislation

    New education standards for financial advisers aimed at cleaning up the advice sector have been introduced into parliament. Minister for Revenue and Financial Services, Kelly O’Dwyer, introduced the bill that will see new education, professional and ethical standards for financial planners enshrined into legislation under the name The Corporations Amendment (Professional Standards of Financial Adv...

  • Soft Skills For Advisers And Why They Are Necessary: Part 2

    More adviser groups are realising the benefits of soft skills. In part two of our blog on The Importance of Soft Skills For Advisers, we take a look at which soft skills are integral for advisers and why they need to develop them. While knowledge, sales skills, and keeping up-to-date with CPD are integral to … Continue reading Soft Skills For Advisers And Why They Are Necessary: Part 2 The post So...

  • Actionable Ways To Push Boundaries And Exceed Business Expectations In 2017

    For most of us, the New Year is a time to reflect on the happenings of the year just gone and to outline the goals we want to achieve to kick-start new habits that will turn resolutions into accomplishments. If there’s one thing I’ve learnt since starting my business, finder.com.au, it’s that you need high … Continue reading Actionable Ways To Push Boundaries And Exceed Business Expectations In 20...

  • ASIC To Be Given Power To Ban Risky Financial Products

    The Government has announced that it will proceed with plans to give increased power to ASIC to ban or intervene in the sale of financial products that it deems unsuitable for consumers. The Turnbull Government released a consultation paper earlier this week that requires feedback for two proposals that emerged as a result of the Financial System … Continue reading ASIC To Be Given Power To Ban Ri...

  • ASIC To Use Artificial Intelligence In Power Push

    ASIC will soon utilise new technology such as artificial intelligence and biometric data in a bid to detect rogue banking behaviour and boost its surveillance powers. ASIC will use the $120 million in funding boost it received from Parliament in November to unleash its digital capabilities including artificial intelligence issuing a warning to rogue bankers companies, fund … Continue reading ASIC ...

  • Government Backpedals On Banking Tribunal

    After announcing the new  Professional Standards of Financial Advisers bill several weeks ago, the Turnbull Government has reneged on its deal of installing a banking tribunal. The Turnbull Government will not proceed with its intended banking tribunal and expert panel to examine dispute resolution in the financial services industry but will replace it with a new ombudsman. The Ramsay … Continue r...

  • University Study Shows Client Satisfaction And Trust In Advisers High

    A recent academic study has found that an overwhelming number of clients are satisfied and trust their advisers. The study titled Funding our future: Perceptions of the value of financial advice was conducted by researchers at the University of Adelaide, University of Technology Sydney and University of Western Australia with grant assistance from the Australian Research Council in partnership … C...

  • Consumers the Winner In Senate Inquiry For Banking and Finance Sector

    Labor has won the backing to establish a Senate committee to investigate the impact misconduct and improprieties in the banking sector are having on consumers. Consumer advocacy group Head of Campaigns and Policy Erin Turner said of the inquiry that, “sunlight is the best disinfectant.” Turner believes that the inquiry, “gives us a chance to … Continue reading Consumers the Winner In Senate Inquir...

  • New Bill A Long Overdue Step Towards Professionalising Financial Advice

    Adjunct Professor Dr. Jim Taggart and Chairman of Mentor Education believes The Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 (CAPSFA Bill 2016) introduced into parliament this week is, “a long overdue step towards professionalising financial advice.” The CAPSFA Bill follows concerns raised by the Financial System Inquiry and the Parliamentary Joint Committee whet...

Mentor Education - RG146 Training Australia

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • Westpac To Scrap Product Incentives In Exchange For Service

    In a bid to restore customer trust Westpac has announced that they will discontinue product incentives. Brian Hartzer, the Westpac chief executive has said that the bank will change the way bank they work with their customers by addressing the “trust gap in financial services”. Hatzer confirmed that from next month Westpac will remove all product related … Continue reading Westpac To Scrap Product...

  • Banks New Adviser Hiring Protocol…A Step In The Right Direction?

    The Australian Bankers’ Association’s decision to introduce new hiring standards for financial advisers should be welcomed but will it eliminate systematic problems within the sector? The ABA says that the new protocol will assist banks to employ ethical and competent financial advisers and eliminate bad apples in the sector by asking specific questions and employing record-keeping … Continue read...

  • The Government’s Superannuation Default Scheme Divides Sector

    The recent announcement that the Government is considering a national default superannuation scheme has received a mixed reaction. Superannuation has become a widely debated issue and with the ASFA (the peak superannuation industry body in Australia) estimating that superannuation assets were worth roughly $2 trillion at the end of the March 2016 quarter, it’s no surprise … Continue reading The Go...

Mentor Education - RG146 Training Australia

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • FSC Life Insurer Code of Practice Under Scrutiny

    The AFA is calling on the Financial Services Council to make significant changes to its life insurer code of practice to address cultural issues and sales practices that it says are incongruous with consumer interests. The AFA which has been calling for the code since 2014, conceded that the current draft will “not win back the social … Continue reading FSC Life Insurer Code of Practice Under Scru...

  • Survey Says A Combination Of Tech And Personal Advice The Key

    An industry survey of the finance sector has shown that a combination of automated and personal face-to-face financial advice would be the best combination to suit the needs of investors going forward. The Chartered Financial Analyst (CFA) Institute’s fintech industry review survey indicated that a blended business model is “likely to accommodate the evolving demand … Continue reading Survey Says ...

  • Are Property Advisers Receiving Enough Training?

    The results of the Property Investment Professionals of Australia’s (PIPA) Property Investor Sentiment Survey show that while consumer confidence still remains high, the majority of Australians believe that the property investment industry isn’t regulated adequately and further training and education should be a priority. The second annual PIPA survey of over 1000 property investors indicated that...

Mentor Education - RG146 Training Australia

Category: Content
Type: Blog Article

Generated 5 months ago

New blog articles detected

  • Government Support Needed To Fund Retirees

    Recent Roy Morgan research has shown that due to an expected twenty-seven per cent increase in retirees in 2017, Government financial support will be imperative. The Roy Morgan State of the Nation — Spotlight on Finance Risk research indicated that the 415,000 Australians predicted to retire next year (228,000 men and 187,000 women) will not have sufficient … Continue reading Government Support Ne...

  • US Analyst Gives Tips On Targeting Gen Y

    US Marketing guru and consumer trends analyst Babs Ryan has prompted financial advisers to increase their focus on Gen Y. Ryan, Principal at Thoughtworks and more than twenty-five years  experience in multi-channel global retail and financial services recently shared her thoughts on how to target millennials ahead of the up’n coming ThoughtWorks strategy and technology roundtables. Ryan recently …...

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