Posts by Nadia Cassidy:
- AFSL Fundamentals
- Arrangements and systems
- Consumer Protection
- Development Team
- Financial Planning
- General Publication
- Hot 2020
- Law reform
- Leadership and Strategy
- Regulation and Governance
- Research and Marketing
- Research Team
- Risk Advice
- The Reviewers
- Your Advice
- Your People
Smarter compliance. After recently debating the value of templates, in this
article we’ll focus on templates and checklists through the specific lens
of SMSF advice and how the templates and checklists can help avoid costly
mistakes when providing advice to SMSF clients.
Smarter Compliance. Clearly templates and checklists can help streamline
operations, reduce errors, and enhance overall performance. But, while the
benefits of using templates and checklists are appealing, over-reliance on
these tools creates risks and significant consequences. In this article,
we’ll address this tension and provide practical tips to help you improve
your advice process.
Smarter compliance. Some of the most common questions we receive about
issues and breaches revolve around when an issue become a breach and when
does a breach become reportable. In this article, we’ll explore a real-life
example and explore the decisions and steps the licensee undertook when
grappling with those particular issues.
Smarter Compliance. In May 2023, the Financial Advice Association of
Australia took the opportunity to present a united front and a new
strategic vision for the advice profession. It was an opportunity to move
beyond the legacies of internecine sniping, confused advocacy and
entrenched conflicts and a bright day for the emergence of an
adviser-focused association. In this article, Nadia Cassidy offers her
personal perspective of the event and what it signals for advisers and
Smarter compliance. It’s easy to forget that necessary changes, and perhaps
essential reforms, can sometimes have significant costs and consequences.
In this article, while we acknowledge the need to transform the advice
profession we examine what might be lost and what we can do to retain what
consumers really value.
Smarter Compliance. gearing is an area where we see advisers miss the mark
with insurance through poor risk needs analysis, not preparing for
potential adverse underwriting outcomes, or by not addressing insurance
needs at all.. We’ll explore what works, what doesn’t and help you. Using a
case-study, we’ll explore the trips and traps common to gearing and
Smarter Compliance. The value and merits of cash flow projections in Statements of Advice (SoAs) have long been debated; Charles Dickens was not the first to highlight that these were the best and worst financial planning tools. The question with which advisers grapple is do the benefits outweigh the risks? In this article we’ll explore the legal requirements, regulatory expectations and practical experience to get to the heart of the matter; a client’s free, informed and prior consent. We’ll explore what works, what doesn’t and help you.
Smarter compliance. Ongoing Fee Arrangements can be confusing. There is no
shortage of stories expressing confusion and bewilderment during (and
after) the 2021-22 transition year when it comes to Ongoing Fee
Arrangements. Now that we’ve had a few months to settle into the 1 July
2022 changes, we’ve collated some common questions from advisers and
licensees about what changed after the transition year, when to change
Ongoing Fee Arrangements, and where we go from here. Here’s a quick guide
on what you need to know.