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News / Blog

MDRT

MDRT gives AIOFP professional recognition

By Ray Bailey | June 15, 2017

The Million Dollar Round Table has confirmed it has given the Association of Independently Owned Financial Professionals approval as a recognised professional association. In an email seen by Risk Adviser, MDRT’s membership services confirmed to the AIOFP that it has given it approval as an MDRT professional association. AIOFP manager of member services Ray Bailey…

Graduate Diploma of Financial Planning

By Peter Johnston | June 15, 2017

As you no doubt know everyone currently in the industry must be ‘degree qualified’ in an appropriate manner by 2024. The Education industry is an excessively lucrative area where massive margins are taken by ‘brands’. A course can range between $15 – $30,000 depending on what Institution you select. Considering our member surveys over the…

Feedback

How specific is your feedback?

By Peter Johnston | June 7, 2017

I am a strong advocate for employees and employers engaging in a genuine, honest two-way dialogue. I truly believe that delivered appropriately, feedback (or feedforward as some would say) is not only incredibly valuable, but something that we generally welcome. I mean, who doesn’t want to be the best that they can be? So it…

AIOFP pens outsource deal with Statewide Super

By Peter Johnston | February 16, 2017

The AIOFP has announced an agreement with industry fund Statewide Super for outsourced advice services, in a bid to compete with the vertically-integrated institutions. Speaking to ifa, Barbara Ryland, manager of industry fund relationships at the AIOFP and a former Local Super executive, said the lobby group for non-aligned licensees has struck a major advice…

ASIC WARNING and an obvious CONFERENCE QUESTION!!

By Peter Johnston | October 27, 2016

Below is a letter from ASIC EXECUTIVE TEAM LEADER – ADVICE Joanna Bird about the recent FINDEX prosecution and the potential ramifications for all practices. Joanna has asked us to warn all members of the circumstances. You will note also that ASIC are seeking a legal opinion on banning ANY practice from using the term…

Registered Tax Practitioner

Registered Tax Practitioners

By Peter Johnston | October 13, 2016

From 16 October to 5 November the Tax Practitioners Board (TPB) will be advertising to small businesses encouraging those who use an agent for their tax or business activity statement matters, to check that agent is registered. We will encourage small businesses to: look for the registered tax practitioner symbol check the TPB Register. Advertisements…

Raddison Hotel

Corporate Hotel Rate in Melbourne and Sydney for Members – Radisson Hotels

By Peter Johnston | March 3, 2016

We are pleased to announce that AIOFP have negotiated a discount on the retail rate at Radisson Hotels in Melbourne and Sydney. If you are looking for accommodation or conference facilities, why not take advantage of these discounted rates. The Radisson Blue Sydney 5 Star Hotel is in a great position near Circular Quay and…

Lost Buoy

Lost Buoy wines is such a find!

By Peter Johnston | December 13, 2015

With the festive season approaching members have requested access to some quality wholesale priced wines. Below and attached are some details on a boutique awarding winning brand from McLaren Vale, the LOST BUOY. It represents around a 50% discount on retail pricing and can be delivered anywhere around the nation before Xmas. The delivery cost…

Christmas Cheer

Early Christmas gift for a worthy cause

By Peter Johnston | November 27, 2015

Below is an email from the Salvation Army thanking us for a donation of surplus rooms from our recent conference hotel to their cause. We provided a nice night and breakfast to some volunteers and homeless people as a Christmas present. If you are a larger member who conducts conferences for your advisers, we are…

Financial Advice

Do Not Invest With Anyone Under the Influence

By Peter Johnston | September 11, 2015

Financial Institutional ownership of financial advisers can and does influence the decision making process and therefore the recommendations of their advisers. Consumers have two clear choices: Receive advice from a Financial Adviser/Strategist who works for an independently owned practice. Or Receive advice from an Institutionally owned or aligned Adviser that has a clear conflict of interest. Members of the…