The recent news that the Financial Adviser Standards and Ethics Authority (FASEA) will be disbanded, with standard making functions for the financial advice industry to be rolled into Treasury, and the Financial Services and Credit Panel (FSCP) and the Australian Securities and Investment Commission (ASIC) having greater roles came as a surprise to many financial advisers.
These developments and others, such as the annual opt-in requirement, mean financial advice practices will experience considerable change in 2021.
We thought these developments afforded us with a great opportunity to hear from Tom Reddacliff, Executive Chairman of Encore Advisory Group, who can provide an overview of the key changes to expect in 2021, the potential impact on businesses and strategies to adapt and succeed.
4:00pm AEDT
Evergreen Consultants is an independent investment consulting business, working with financial advisory firms to provide a range of bespoke investment solutions designed to deliver flexibility, efficiency and an enhanced client experience.
At Encore Advisory Group we are reshaping the business and advice model by inspiring and empowering today’s business owners to face into and future proof their businesses for the long term. An industry that remains focused on product and silos does not provide businesses with the skills needed in today's digital, disparate and changing world. We aim to create connection and engagements within the Advice community that build genuine capability to thrive, connect and collaborate in the world of today and tomorrow.