Association of Independently Owned Financial Professionals in South Melbourne, Victoria | Financial service

Association of Independently Owned Financial Professionals

Locality: South Melbourne, Victoria

Phone: +61 1800 111 203

Address: 12/11, 1 Queens Road 3000 South Melbourne, VIC, Australia

Website: http://www.aiofp.net.au/

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25.01.2022 The following is a broad summary of the key aspects of the Federal Government’s support package in response to the COVID-19 pandemic, as recently announced and enacted.

23.01.2022 The objective of this Paper is to work with all industry stakeholders to develop an Adviser retail compliance regime that benefits Consumers whilst simultaneously and fairly works for all parties. We believe the fundamental problem are differing interpretations by stakeholders of the legislation which has led to a costly bureaucratic regime that ultimately Consumers are paying for.

21.01.2022 The AIOFP and its members totally support a fair compensation scheme for consumers who suffer financial loss from the actions of industry stakeholders. We agree with the current general thrust of a Compensation Scheme of Last Resort (CSLR) and findings of the Hayne Royal Commission but want to propose a relatively simple internal structure that will deliver a fair outcome for all stakeholders.

20.01.2022 Every 4 years the Fair Work Commission conducts a review of modern awards. As a result of the latest review, new clauses regarding annualised salary arrangements have been inserted into several awards, including the Banking, Finance and Insurance Award 2020 (the Award), which covers employees in financial planning profession.

18.01.2022 The TPB has sent email and SMS reminders to alert tax practitioners their annual declaration or registration renewal is due before Saturday 1 June 2019.

16.01.2022 In a bold move to stave off new professional standards planned for their industry, financial advisers are planning to join forces with the union movement. The surprise move from a key adviser industry lobby group comes as the financial industry prepares for the potential election of a Labor government which would arrive in power with a new agenda for financial services including cutbacks in negative gearing and capital gains tax allowances.

10.01.2022 If FASEA is a concern to you please read this document in its entirety and seriously consider participating in the suggested Political strategy.

09.01.2022 The AIOFP Board has appointed Philippa Hunt of Seachange Investments from the Sunshine Coast of Queensland to fill a casual vacancy on the AIOFP Board representing Principal Practice members with 20 or less authorised representatives.

03.01.2022 Workskills would like to thank the Tasmanian Fire Service, SES, Volunteer Fire Fighters, Service Providers running the Evacuation Centre and the Broader community as a whole.