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ASIC WARNING and an obvious CONFERENCE QUESTION!!

ASIC WARNING and an obvious CONFERENCE QUESTION!!

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

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

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!

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

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

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…

Financial Advice

A Workable Risk Solution

Like many at the coal face of the industry, the AIOFP Board are concerned at the lack of consideration for the practical implications of these proposed changes. We will be requesting that Minister Frydenberg allows the AIOFP, on behalf of the advisory industry to put forward a workable modified solution where all stakeholders are considered,…

SMSF

A Comprehensive Solution for Superannuation Funds

The Association of Independently Owned Financial Professionals (AIOFP) is the largest Association for independently owned financial professionals with approximately 3,000 advisers around the nation. The AIOFP Board has devised a business model that addresses the five major objectives superannuation trustees are looking for when seeking a solution to their financial advice needs for members: Retaining and increasing their funds under administration. Competent independently…