Giving advisers what they deserve

Nobody can deny it’s been a massive year for financial services –  and in particular the financial advice industry. Never before has the industry seen so much scrutiny and regulation change.

Over the past year we have delivered updates and plain language explanations on regulation, ASIC reforms, and Royal Commission outtakes – and they have consistently ranked at the top of our performance charts as most engaged with and clicked on articles.

This demand, and your direct feedback, has led us to develop further tools and insights to give advisers exactly what they deserve – timely, insightful information to assist in your thinking and implementation of regulation into your practice.

The first of these tools is our new white paper series, launched this week, titled Tomorrow’s Advice.

Part one explores the issue of transparency, and a guide to various pieces of legislation that require advisers to tailor their advice process to be as transparent as possible. There are many long term benefits to these pieces of legislation and regulation – they do however, mean that advisers will in many cases need to overhaul their processes again.

We won’t stop there. We will continue to explain in plain language the changes coming from the Royal Commission, and ask leading experts from around the industry to help explore how best they be implemented. We will also continue to advocate what great advice can do for people via our work with the mainstream media and live events.

We believe advisers are one of the biggest solutions to a looming crisis – an economic tsunami that will see up to 80% of Generation X fall short of a comfortable retirement. If we can help you transition your business through these times of extreme change, and continue to provide you with insight, tools and peer learning, we can make sure you thrive, and in turn are able to continue to give advice to thousands of Australians.

We often get people writing in asking us to recommend advisers to them. While it’s impossible as an independent education platform to make specific recommendations to advice firms, we do educate people as to what to look for in a quality adviser. Transparency is a key part of trusting the advice you receive.

We hope you use part one of our Tomorrows Advice series as a thought starter to further refine your practice. We welcome your feedback as always! 

Until next time


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The opinions, advice, or views expressed in this content are those of the author or the presenter alone and do not represent the opinions, advice or views of No More Practice Education Pty Ltd. Our contents are prepared by our own staff and third parties who are responsible for their own contents. Any advice in this content is general advice only without reference to your financial objectives, situation or needs. You should consider any general advice considering these matters and relevant product disclosure statements. You should also obtain your own independent advice before making financial decisions. Please also refer to our FSG available here: http://www.nmpeducation.com.au/financial-services-guide/.

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