Dante De Gori. chief executive Financial Planning Association
In this quarterly update, Financial Planning Association chief executive Dante De Gori discusses how the advice industry is being reshaped by reforms, the Royal Commission and the court of popular opinion. While advisers will face multiple challenges over the next few years, De Gori has some practical advice about how to move the industry forward.
This quarter, Dante De Gori, chief executive of the FPA, discusses:
The Royal Commission: three ways forward
The Royal Commission has exposed systemic misconduct in financial services and the advice industry has been front-and-centre during the inquiry. While this arguably led to much of the sector being tarred with the same brush, Dante De Gori sees three clear ways advisers can go about restoring trust and educating the Australian public about the value of the profession.
01.How many advisers will FASEA drive out of the industry?
It’s no secret the proposed education requirements from Financial Adviser Standards and Ethics Authority (FASEA) has caused headaches for some advice businesses. In this video, Dante De Gori discusses how this will affect the industry and why up to 40% of advisers may depart, according to a recent FPA survey.
02.How reforms are reshaping associations and licensees
What is the role of an association in a post-Royal Commission world? How will its duties regarding oversight and enforcement change? In this video, Dante De Gori considers how the FPA will take a more active role in defining best practice and working with licensees.
03.Test yourself /
In a time of sweeping regulatory change and the entrance and availability of new disruptive technologies, the financial advice is arguably at a precipice - the question is, how do you take the leap? In this series, we talk to four industry experts about how advisers can streamline their business, improve their margins and better articulate their value proposition.
The economic weight of the world is shifting. 10 years ago, emerging markets made up about 30% of the world’s GDP, now it’s almost half. UBS Asset Management’s Geoffrey Wong makes the case for emerging market opportunities for growth investors.
In the Thought Leaders Series, OneVue MD Connie Mckeage discusses the challenges the industry has experienced and what can be done to provide support for the industry to move forward in this post Royal Commission environment. Connie also shares a future gaze for the industry and how advancements in technology, the impacts of block chain, and new payments platform will change the way we do business.
Despite living in an age where we’re absolutely deluged with information, it’s becoming increasingly difficult to separate the signal from the noise. This is especially true in investing, where markets can be influenced by something so small as an errant Tweet. In this Market Update series, Platinum CEO Andrew Clifford explores where the true opportunities are hiding.
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Dec 14
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Dec 14
