News

array(4) { [0]=> object(stdClass)#5372 (59) { ["id"]=> string(5) "26784" ["title"]=> string(64) "Advisers not ready to transcend ‘sales channel’ culture: CFA" ["alias"]=> string(57) "advisers-not-ready-to-transcend-sales-channel-culture-cfa" ["introtext"]=> string(452) "

EXCLUSIVE The CFA Institute believes the financial advice industry needs major reform, including the immediate removal of grandfathered commissions, if it is to survive as a legitimate profession.

Write comment (18 Comments) " ["fulltext"]=> string(4246) "

The institute recommends that grandfathered commissions be outlawed “immediately”, raises concerns with platform fees, believes the industry must ensure independence of advice and aligns its remuneration model to a “balanced scorecard” approach outlined in the 2017 Sedgwick review.

Speaking to ifa, CFA Societies Australia Advocacy Council chair Stephen Dunne said he doesn’t believe there is a cohesive willingness among advisers to change.

“The issues around banning grandfathered commissions and the pushback it has received demonstrates that the advice industry may not be ready to move away from being a distribution channel, a sales channel on behalf of the product manufacturers,” Mr Dunne said.

“If we want to actually professionalise then we need to take that leap and it needs to be a collective leap. The future success of the industry does require it to change. If it doesn’t change it will essentially whither on the vine.”

In a 60-page report titled Professionalising Financial Advice, the CFA Institute and CFA Societies Australia note that they do not see a single solution to the problems highlighted by the Hayne royal commission.

The report pointed to industry research that suggests more than half of financial advice firms still rely on grandfathered commissions for at least 15 per cent of their revenues and that for a significant proportion of the industry grandfathered commissions still represent a meaningful portion of revenue.

The CFA Institute has made 10 recommendations in relation to the financial advice sector, two of which look to ensure independence of advice.

“Consumers are often confused as to the independence of the adviser or advice firm they are dealing with,” the report said.

“The use of different brands and unclear disclosure of ownership or affiliation can mislead the consumer. Advisers and their firms might propose a restricted offering to consumers, who would not realise that the restriction was due to the adviser’s affiliation with another financial institution.”

The institute pointed to the example of regulations in the UK, where advisers or financial advice firms cannot claim to be independent if they are in fact part of a larger group.

“We acknowledge that Section 923A of the Corporations Act already contains terms governing who can say they are independent. In our view, this should go further to require those that are not independent clearly state they are not, especially to acknowledge if they are owned by a larger corporation,” the report said.

The institute also recommends that an independent professional body be established to register financial advisers.

“An independent industry body would register advisers, check qualifications and have the power to discipline its members,” the report said.

“Currently, individual advisers act as representatives of their firms. Despite detailed compliance procedures and layers of reporting and management, firms struggle to monitor the behaviour of their advisers appropriately.”

Melbourne-adviser Paul Moran of Moran Partners Financial Planning told ifa that he has been advocating for a standards body for some time.

“I like to think of it as the Australian Financial Planning Standards Council,” he said. “A body that would operate something like the AMA or similar where an elected group, supported by a professional team, was responsible for the oversight of the standards,” he explained.

“Importantly, they should not set the standards, but rather enlist a large number of committees to focus on specialist areas so as to engage with as many interested professionals as possible. The committees themselves should engage with academia to generate the research needed to develop and constantly improve the standards they would set. We would need strong government support for this and I’m not sure that we would have that right now; but perhaps in the near future.

“I truly hope that we can rise above the situation we have found ourselves in today – often considered untrustworthy and unprofessional.”

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(2) "26" ["created"]=> string(19) "2019-05-14 23:50:44" ["created_by"]=> string(3) "937" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2019-05-15 00:18:24" ["modified_by"]=> string(4) "1318" ["modified_by_name"]=> string(14) "Justine Nifras" ["publish_up"]=> string(19) "2019-05-15 00:06:21" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(221) "{"image_intro":"images\/News\/Stephen-Dunne-ifa.jpg","float_intro":"","image_intro_alt":"Stephen Dunne","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(781) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","socialmediatype":"0","soicalmediacustomlink":"\/","soicalmediacustomconetent":"","contentplugins":"1"}" ["metadata"]=> string(53) "{"robots":"","author":"","rights":"","xreference":""}" ["metakey"]=> string(62) "advisers, ready, transcend, ‘sales, channel’, culture, cfa" ["metadesc"]=> string(200) "EXCLUSIVE The CFA Institute believes the financial advice industry needs major reform, including the immediate removal of grandfathered commissions, if it is to survive as a legitimate profession. " ["access"]=> string(1) "1" ["hits"]=> string(3) "252" ["xreference"]=> string(0) "" ["featured"]=> string(1) "1" ["language"]=> string(1) "*" ["readmore"]=> string(4) "4246" ["ordering"]=> string(2) "31" ["category_title"]=> string(4) "News" ["category_route"]=> string(16) "ifa-digital/news" ["category_access"]=> string(1) "1" ["category_alias"]=> string(4) "news" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(14) "James Mitchell" ["author_email"]=> string(40) "[email protected]" ["parent_title"]=> string(11) "IFA Digital" ["parent_id"]=> string(2) "11" ["parent_route"]=> string(11) "ifa-digital" ["parent_alias"]=> string(11) "ifa-digital" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5417 (3) { ["data":protected]=> object(stdClass)#5421 (97) { ["article_layout"]=> string(12) "momentum:ifa" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "1" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "0" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "0" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "1" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(4) "left" ["category_layout"]=> string(6) "_:blog" ["show_category_heading_title_text"]=> string(1) "0" ["show_category_title"]=> string(1) "0" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(1) "1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "0" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "0" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(1) "8" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(1) "0" ["show_pagination_limit"]=> string(1) "1" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(1) "0" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "1" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(5) "order" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(0) ["sef_ids"]=> int(0) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> string(1) "0" ["layout_type"]=> string(4) "blog" ["page_subheading"]=> string(11) "Latest News" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(40) "News for financial planners and advisers" ["menu-meta_description"]=> string(102) "Daily online news geared to helping Australia's financial planners and advisers drive business growth." ["secure"]=> int(0) ["page_description"]=> string(53) "News and business intelligence for financial advisers" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2019-05-14 23:50:44" ["tags"]=> object(Joomla\CMS\Helper\TagsHelper)#5423 (4) { ["tagsChanged":protected]=> bool(false) ["replaceTags":protected]=> bool(false) ["typeAlias"]=> NULL ["itemTags"]=> array(1) { [0]=> object(stdClass)#5426 (31) { ["tag_id"]=> string(2) "28" ["id"]=> string(2) "28" ["parent_id"]=> string(1) "1" ["lft"]=> string(2) "53" ["rgt"]=> string(2) "74" ["level"]=> string(1) "1" ["path"]=> string(9) "exclusive" ["title"]=> string(9) "Exclusive" ["alias"]=> string(9) "exclusive" ["note"]=> string(0) "" ["description"]=> string(0) "" ["published"]=> string(1) "1" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "2017-06-08 00:57:46" ["access"]=> string(1) "1" ["params"]=> string(2) "{}" ["metadesc"]=> string(0) "" ["metakey"]=> string(0) "" ["metadata"]=> string(2) "{}" ["created_user_id"]=> string(3) "974" ["created_time"]=> string(19) "2017-06-08 00:57:46" ["created_by_alias"]=> string(0) "" ["modified_user_id"]=> string(1) "0" ["modified_time"]=> string(19) "2017-06-08 00:57:46" ["images"]=> string(2) "{}" ["urls"]=> string(2) "{}" ["hits"]=> string(2) "90" ["language"]=> string(1) "*" ["version"]=> string(1) "1" ["publish_up"]=> string(19) "2017-06-08 00:57:46" ["publish_down"]=> string(19) "2017-06-08 00:57:46" } } } ["slug"]=> string(63) "26784:advisers-not-ready-to-transcend-sales-channel-culture-cfa" ["parent_slug"]=> string(14) "11:ifa-digital" ["catslug"]=> string(7) "26:news" ["event"]=> object(stdClass)#5534 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(452) "

EXCLUSIVE The CFA Institute believes the financial advice industry needs major reform, including the immediate removal of grandfathered commissions, if it is to survive as a legitimate profession.

Write comment (18 Comments) " ["jcfields"]=> array(1) { [1]=> object(stdClass)#5566 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-09-05 01:40:34" ["created_user_id"]=> string(4) "1090" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5521 (3) { ["data":protected]=> object(stdClass)#5379 (1) { ["options"]=> object(stdClass)#5525 (2) { ["options0"]=> object(stdClass)#5526 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#5522 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5523 (3) { ["data":protected]=> object(stdClass)#5529 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "0" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(7) "Digital" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(69) "/news/26784-advisers-not-ready-to-transcend-sales-channel-culture-cfa" ["image"]=> string(33) "images/News/Stephen-Dunne-ifa.jpg" ["image_alt"]=> string(13) "Stephen Dunne" } [1]=> object(stdClass)#5400 (59) { ["id"]=> string(5) "26783" ["title"]=> string(41) "The Ethics Centre developing FASEA course" ["alias"]=> string(41) "the-ethics-centre-developing-fasea-course" ["introtext"]=> string(309) "

The Ethics Centre is developing a FASEA accredited ethics course for financial advisers, which will launch later this year.

Write comment (13 Comments) " ["fulltext"]=> string(1377) "

The course will help financial advisers meet the requirements of the FASEA reforms with the delivery of a pilot ethics and professionalism bridging course in conjunction with an Australian university.

Executive director of The Ethics Centre Dr Simon Longstaff said the course would support financial advice practices as they integrate the FASEA reforms into their daily operations.

“Our aim is for this pilot course to set the benchmark for ethics education for the financial advice community as it continues to develop into a profession,” he said.

“Financial advisers should be encouraged to offer a competitive professional service in all areas but one – their ethics.”

Dr Longstaff said he hoped the course would be embraced by the profession for the good of their practices and the clients they serve.

“The ideal is for this emerging profession to have a common ethical foundation, enriched by a common understanding informed by a common set of educational experiences,” he said.

The Ethics Centre will reach out to an expert advisory group comprised of peak industry bodies, consumer advocates and academics.

The course will build upon the centre’s current Ethical Professional Program, which it has run since 2016, and will be piloted through a university partner.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(2) "26" ["created"]=> string(19) "2019-05-14 06:03:34" ["created_by"]=> string(4) "1097" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2019-05-15 23:04:30" ["modified_by"]=> string(4) "1097" ["modified_by_name"]=> string(12) "Eliot Hastie" ["publish_up"]=> string(19) "2019-05-14 23:54:29" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(200) "{"image_intro":"images\/News\/fasea-ifa.jpg","float_intro":"","image_intro_alt":"","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(781) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","socialmediatype":"0","soicalmediacustomlink":"\/","soicalmediacustomconetent":"","contentplugins":"1"}" ["metadata"]=> string(53) "{"robots":"","author":"","rights":"","xreference":""}" ["metakey"]=> string(33) "ethics, centre, developing, fasea" ["metadesc"]=> string(200) "The Ethics Centre is developing a FASEA accredited ethics course for financial advisers to launch later this year. The course will help financial advisers meet the requirements of the FASEA reforms wi" ["access"]=> string(1) "1" ["hits"]=> string(3) "164" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1377" ["ordering"]=> string(2) "32" ["category_title"]=> string(4) "News" ["category_route"]=> string(16) "ifa-digital/news" ["category_access"]=> string(1) "1" ["category_alias"]=> string(4) "news" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(12) "Eliot Hastie" ["author_email"]=> string(33) "[email protected]" ["parent_title"]=> string(11) "IFA Digital" ["parent_id"]=> string(2) "11" ["parent_route"]=> string(11) "ifa-digital" ["parent_alias"]=> string(11) "ifa-digital" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5409 (3) { ["data":protected]=> object(stdClass)#5424 (97) { ["article_layout"]=> string(12) "momentum:ifa" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "1" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "0" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "0" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "1" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(4) "left" ["category_layout"]=> string(6) "_:blog" ["show_category_heading_title_text"]=> string(1) "0" ["show_category_title"]=> string(1) "0" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(1) "1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "0" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "0" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(1) "8" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(1) "0" ["show_pagination_limit"]=> string(1) "1" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(1) "0" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "1" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(5) "order" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(0) ["sef_ids"]=> int(0) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> string(1) "0" ["layout_type"]=> string(4) "blog" ["page_subheading"]=> string(11) "Latest News" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(40) "News for financial planners and advisers" ["menu-meta_description"]=> string(102) "Daily online news geared to helping Australia's financial planners and advisers drive business growth." ["secure"]=> int(0) ["page_description"]=> string(53) "News and business intelligence for financial advisers" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2019-05-14 06:03:34" ["tags"]=> object(Joomla\CMS\Helper\TagsHelper)#5427 (4) { ["tagsChanged":protected]=> bool(false) ["replaceTags":protected]=> bool(false) ["typeAlias"]=> NULL ["itemTags"]=> array(0) { } } ["slug"]=> string(47) "26783:the-ethics-centre-developing-fasea-course" ["parent_slug"]=> string(14) "11:ifa-digital" ["catslug"]=> string(7) "26:news" ["event"]=> object(stdClass)#5555 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(309) "

The Ethics Centre is developing a FASEA accredited ethics course for financial advisers, which will launch later this year.

Write comment (13 Comments) " ["jcfields"]=> array(1) { [1]=> object(stdClass)#5569 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-09-05 01:40:34" ["created_user_id"]=> string(4) "1090" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5521 (3) { ["data":protected]=> object(stdClass)#5379 (1) { ["options"]=> object(stdClass)#5525 (2) { ["options0"]=> object(stdClass)#5526 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#5522 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5523 (3) { ["data":protected]=> object(stdClass)#5529 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "0" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(7) "Digital" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(53) "/news/26783-the-ethics-centre-developing-fasea-course" ["image"]=> string(25) "images/News/fasea-ifa.jpg" ["image_alt"]=> string(0) "" } [2]=> object(stdClass)#5401 (59) { ["id"]=> string(5) "26781" ["title"]=> string(41) "FPA charity seeks adviser input to grants" ["alias"]=> string(41) "fpa-charity-seeks-adviser-input-to-grants" ["introtext"]=> string(388) "

The Financial Planning Association of Australia’s philanthropic arm is seeking adviser input into programs supporting young Australians experiencing social, financial or physical hardship.

Write comment (4 Comments) " ["fulltext"]=> string(1209) "

Advisers from across Australia contribute to the FPA’s Future2 Foundation by nominating organisations for the annual Make the Difference! Grant program, supporting young Australians aged 12 to 25 years experiencing social, financial or physical hardship, the FPA said in a statement.

“The Future2 Foundation is all about making a meaningful difference to the lives of young Australians, who through circumstance, often at no fault of their own, are experiencing difficult times,” said Future2 chair Petra Churcher.

“The struggle these children face each day is significant. These young people are our future and we are committed to supporting them to lead healthy and fulfilling lives.

“Future2 reached the $1 million milestone last year by awarding $181,000 in new grants to 19 not-for-profit organisations, including three special grants to organisations focused on helping young people in drought affected rural areas.”

All applications must be endorsed by an adviser who is a member of the FPA. Nominations are open from Monday, 13 May to 26 July, with recipients announced in November.

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(2) "26" ["created"]=> string(19) "2019-05-14 02:56:06" ["created_by"]=> string(3) "985" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2019-05-14 08:10:01" ["modified_by"]=> string(3) "996" ["modified_by_name"]=> string(10) "Keith Ford" ["publish_up"]=> string(19) "2019-05-14 23:54:22" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(223) "{"image_intro":"images\/News\/Petra-Churcher-ifa.jpg","float_intro":"","image_intro_alt":"Petra Churcher","image_intro_caption":"","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(781) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","socialmediatype":"0","soicalmediacustomlink":"\/","soicalmediacustomconetent":"","contentplugins":"1"}" ["metadata"]=> string(53) "{"robots":"","author":"","rights":"","xreference":""}" ["metakey"]=> string(77) "FPA, charity, philanthropic, arm, Future2, Foundation, adviser, input, grants" ["metadesc"]=> string(190) "The Financial Planning Association of Australia’s philanthropic arm is seeking adviser input into programs supporting young Australians experiencing social, financial or physical hardship." ["access"]=> string(1) "1" ["hits"]=> string(2) "84" ["xreference"]=> string(0) "" ["featured"]=> string(1) "0" ["language"]=> string(1) "*" ["readmore"]=> string(4) "1209" ["ordering"]=> string(2) "33" ["category_title"]=> string(4) "News" ["category_route"]=> string(16) "ifa-digital/news" ["category_access"]=> string(1) "1" ["category_alias"]=> string(4) "news" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(13) "Adrian Flores" ["author_email"]=> string(34) "[email protected]" ["parent_title"]=> string(11) "IFA Digital" ["parent_id"]=> string(2) "11" ["parent_route"]=> string(11) "ifa-digital" ["parent_alias"]=> string(11) "ifa-digital" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5419 (3) { ["data":protected]=> object(stdClass)#5425 (97) { ["article_layout"]=> string(12) "momentum:ifa" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "1" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "0" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "0" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "1" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(4) "left" ["category_layout"]=> string(6) "_:blog" ["show_category_heading_title_text"]=> string(1) "0" ["show_category_title"]=> string(1) "0" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(1) "1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "0" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "0" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(1) "8" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(1) "0" ["show_pagination_limit"]=> string(1) "1" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(1) "0" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "1" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(5) "order" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(0) ["sef_ids"]=> int(0) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> string(1) "0" ["layout_type"]=> string(4) "blog" ["page_subheading"]=> string(11) "Latest News" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(40) "News for financial planners and advisers" ["menu-meta_description"]=> string(102) "Daily online news geared to helping Australia's financial planners and advisers drive business growth." ["secure"]=> int(0) ["page_description"]=> string(53) "News and business intelligence for financial advisers" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2019-05-14 02:56:06" ["tags"]=> object(Joomla\CMS\Helper\TagsHelper)#5429 (4) { ["tagsChanged":protected]=> bool(false) ["replaceTags":protected]=> bool(false) ["typeAlias"]=> NULL ["itemTags"]=> array(0) { } } ["slug"]=> string(47) "26781:fpa-charity-seeks-adviser-input-to-grants" ["parent_slug"]=> string(14) "11:ifa-digital" ["catslug"]=> string(7) "26:news" ["event"]=> object(stdClass)#5558 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(388) "

The Financial Planning Association of Australia’s philanthropic arm is seeking adviser input into programs supporting young Australians experiencing social, financial or physical hardship.

Write comment (4 Comments) " ["jcfields"]=> array(1) { [1]=> object(stdClass)#5572 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-09-05 01:40:34" ["created_user_id"]=> string(4) "1090" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5521 (3) { ["data":protected]=> object(stdClass)#5379 (1) { ["options"]=> object(stdClass)#5525 (2) { ["options0"]=> object(stdClass)#5526 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#5522 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5523 (3) { ["data":protected]=> object(stdClass)#5529 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "0" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(7) "Digital" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(53) "/news/26781-fpa-charity-seeks-adviser-input-to-grants" ["image"]=> string(34) "images/News/Petra-Churcher-ifa.jpg" ["image_alt"]=> string(14) "Petra Churcher" } [3]=> object(stdClass)#5402 (59) { ["id"]=> string(5) "26787" ["title"]=> string(59) "Adviser fighting ‘flawed’ Labor policies in Senate run " ["alias"]=> string(52) "adviser-fighting-flawed-labor-policies-in-senate-run" ["introtext"]=> string(394) "

A Perth-based financial adviser is on the campaign trail in her native state in an effort to educate voters about the dangers of Labor’s proposed negative gearing, tax and franking credit changes.

Write comment (5 Comments) " ["fulltext"]=> string(4345) "

For the fourth year running, Certified Financial Planner Julie Matheson is in the run for the Senate, representing WA via the party she established in 2016 – the Western Australia Party.

This year the party has managed to field candidates in almost every seat in the state and put together 20 candidates for this year’s federal election.

“With 15 candidates out of 16 seats in the House of Representatives and five in the Senate, the support for the party is being hailed as sensational,” Ms Matheson said.

“For too long candidates for the major parties have been representing their eastern states masters, and not the best interests of their electorate,” she said. “Why would anyone living in Western Australia want to vote for a party that’s head office operates out of Queensland, NSW, Victoria or South Australia?”

The party leader and senate candidate said the Western Australia Party is strongly opposed to Labor’s proposal to tax all distribution from family trusts to persons over 18 at 30 per cent.

“Currently, distributions to family trusts are taxed at the normal income tax rate of the beneficiary,” Ms Matheson said.

“Trusts are an important vehicle for many investors and small businesses. However, there are many types of trusts, trusts that can serve similar functions to the family trust. And it would not be practical or sensible to apply the 30 per cent distribution tax rules to all trusts as it would compromise their functions.”

The party also argues that Australian small business and ASX-listed companies will be worse off under Labor's policy to abolish franking credit refunds to Australian shareholders.

“Most investors receive their refunds in December each year, ready to spend at Christmas time. Labor proposes specifically to abolish the refund of excess franking credits. The only way to have excess franking credits is to have a low income. Therefore, the only possible targets are low-income earners,” Ms Matheson said.

According to a Deloitte Access Economics report, in 2017, 37 per cent of Australian adults (6.9 million people) owned Australian shares. This does not include family trusts, superannuation funds or pension funds.

“To assume that all tax paid by companies is refunded as franking credits is a misleading statement. When a company makes a profit, it is taxed at a flat rate of 30 per cent and pays tax to the ATO. The company can choose to pay a dividend or not to its shareholders in any year. Not all profits are paid to shareholders,” Ms Matheson said.

“It's a matter of fairness to investors. Why should one type of investor receive profits from their investment untaxed and another investor taxed at source?

“Labor’s policy to abolish franking credit refunds to shareholders is flawed and detrimental to Australian small business, investors and the local economy.”

The Senate candidate and Perth-based financial planner also took issue with Labor’s controversial proposal to change negative gearing tax structures, pointing to the last time the policy was abolished in 1985 to illustrate the market reaction.

“The abolition was followed by a drop in property investment, reduction in rental stock and an increase in rents. The change was reversed just two years later,” Ms Matheson said.

“Labor's proposed negative gearing changes exclude brand new properties, but the basis of the numbers used to predict how many people will then direct their investment dollars into brand new properties is both flawed and unclear.”

She believes Labor’s negative gearing policy is more likely to “lure unsophisticated investors into investments based on tax incentives” rather than the merits of the asset, and as such, possibly into financial trouble.

The Western Australia Party supports negative gearing in its current form

“Our industry needs politicians in the Senate who truly understand what advisers are about and can correct the many misconceptions we have endured,” AIOFP executive director Peter Johnston said.

“Julie Matheson has been an adviser for over 20 years and is passionate about making a better industry for both consumers and advisers.”

" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["catid"]=> string(2) "26" ["created"]=> string(19) "2019-05-14 22:42:40" ["created_by"]=> string(3) "937" ["created_by_alias"]=> string(0) "" ["state"]=> string(1) "1" ["modified"]=> string(19) "2019-05-15 23:55:16" ["modified_by"]=> string(3) "985" ["modified_by_name"]=> string(13) "Adrian Flores" ["publish_up"]=> string(19) "2019-05-14 22:42:40" ["publish_down"]=> string(19) "0000-00-00 00:00:00" ["images"]=> string(241) "{"image_intro":"images\/News\/Julie-Matheson-ifa.jpg","float_intro":"","image_intro_alt":"Julie Matheson","image_intro_caption":"Source: fpa.com.au","image_fulltext":"","float_fulltext":"","image_fulltext_alt":"","image_fulltext_caption":""}" ["urls"]=> string(121) "{"urla":false,"urlatext":"","targeta":"","urlb":false,"urlbtext":"","targetb":"","urlc":false,"urlctext":"","targetc":""}" ["attribs"]=> string(781) "{"article_layout":"","show_title":"","link_titles":"","show_tags":"","show_intro":"","info_block_position":"","info_block_show_title":"","show_category":"","link_category":"","show_parent_category":"","link_parent_category":"","show_associations":"","show_author":"","link_author":"","show_create_date":"","show_modify_date":"","show_publish_date":"","show_item_navigation":"","show_icons":"","show_print_icon":"","show_email_icon":"","show_vote":"","show_hits":"","show_noauth":"","urls_position":"","alternative_readmore":"","article_page_title":"","show_publishing_options":"","show_article_options":"","show_urls_images_backend":"","show_urls_images_frontend":"","sent":"0","socialmediatype":"0","soicalmediacustomlink":"\/","soicalmediacustomconetent":"","contentplugins":"1"}" ["metadata"]=> string(53) "{"robots":"","author":"","rights":"","xreference":""}" ["metakey"]=> string(61) "adviser, fighting, ‘flawed’, labor, policies, senate, run" ["metadesc"]=> string(200) "A Perth-based financial adviser is on the campaign trail in her native state in an effort to educate voters about the dangers of Labor’s proposed negative gearing, tax and franking credit changes. " ["access"]=> string(1) "1" ["hits"]=> string(3) "111" ["xreference"]=> string(0) "" ["featured"]=> string(1) "1" ["language"]=> string(1) "*" ["readmore"]=> string(4) "4345" ["ordering"]=> string(2) "28" ["category_title"]=> string(4) "News" ["category_route"]=> string(16) "ifa-digital/news" ["category_access"]=> string(1) "1" ["category_alias"]=> string(4) "news" ["published"]=> string(1) "1" ["parents_published"]=> string(1) "1" ["lft"]=> string(2) "66" ["author"]=> string(14) "James Mitchell" ["author_email"]=> string(40) "[email protected]" ["parent_title"]=> string(11) "IFA Digital" ["parent_id"]=> string(2) "11" ["parent_route"]=> string(11) "ifa-digital" ["parent_alias"]=> string(11) "ifa-digital" ["rating"]=> string(1) "0" ["rating_count"]=> string(1) "0" ["alternative_readmore"]=> NULL ["layout"]=> NULL ["params"]=> object(Joomla\Registry\Registry)#5422 (3) { ["data":protected]=> object(stdClass)#5430 (97) { ["article_layout"]=> string(12) "momentum:ifa" ["show_title"]=> string(1) "1" ["link_titles"]=> string(1) "1" ["show_intro"]=> string(1) "1" ["info_block_position"]=> string(1) "0" ["info_block_show_title"]=> string(1) "1" ["show_category"]=> string(1) "1" ["link_category"]=> string(1) "1" ["show_parent_category"]=> string(1) "0" ["link_parent_category"]=> string(1) "0" ["show_associations"]=> string(1) "0" ["flags"]=> string(1) "1" ["show_author"]=> string(1) "1" ["link_author"]=> string(1) "0" ["show_create_date"]=> string(1) "0" ["show_modify_date"]=> string(1) "0" ["show_publish_date"]=> string(1) "1" ["show_item_navigation"]=> string(1) "1" ["show_vote"]=> string(1) "0" ["show_readmore"]=> string(1) "1" ["show_readmore_title"]=> string(1) "1" ["readmore_limit"]=> string(3) "100" ["show_tags"]=> string(1) "1" ["show_icons"]=> string(1) "1" ["show_print_icon"]=> string(1) "1" ["show_email_icon"]=> string(1) "1" ["show_hits"]=> string(1) "1" ["record_hits"]=> string(1) "1" ["show_noauth"]=> string(1) "0" ["urls_position"]=> string(1) "0" ["captcha"]=> string(0) "" ["show_publishing_options"]=> string(1) "1" ["show_article_options"]=> string(1) "1" ["save_history"]=> string(1) "1" ["history_limit"]=> int(10) ["show_urls_images_frontend"]=> string(1) "0" ["show_urls_images_backend"]=> string(1) "1" ["targeta"]=> int(0) ["targetb"]=> int(0) ["targetc"]=> int(0) ["float_intro"]=> string(4) "left" ["float_fulltext"]=> string(4) "left" ["category_layout"]=> string(6) "_:blog" ["show_category_heading_title_text"]=> string(1) "0" ["show_category_title"]=> string(1) "0" ["show_description"]=> string(1) "0" ["show_description_image"]=> string(1) "0" ["maxLevel"]=> string(1) "1" ["show_empty_categories"]=> string(1) "0" ["show_no_articles"]=> string(1) "1" ["show_subcat_desc"]=> string(1) "0" ["show_cat_num_articles"]=> string(1) "0" ["show_cat_tags"]=> string(1) "0" ["show_base_description"]=> string(1) "1" ["maxLevelcat"]=> string(2) "-1" ["show_empty_categories_cat"]=> string(1) "0" ["show_subcat_desc_cat"]=> string(1) "1" ["show_cat_num_articles_cat"]=> string(1) "1" ["num_leading_articles"]=> string(1) "8" ["num_intro_articles"]=> string(1) "0" ["num_columns"]=> string(1) "0" ["num_links"]=> string(1) "0" ["multi_column_order"]=> string(1) "0" ["show_subcategory_content"]=> string(1) "0" ["show_pagination_limit"]=> string(1) "1" ["filter_field"]=> string(4) "hide" ["show_headings"]=> string(1) "1" ["list_show_date"]=> string(1) "0" ["date_format"]=> string(0) "" ["list_show_hits"]=> string(1) "1" ["list_show_author"]=> string(1) "1" ["list_show_votes"]=> string(1) "0" ["list_show_ratings"]=> string(1) "0" ["orderby_pri"]=> string(5) "order" ["orderby_sec"]=> string(5) "rdate" ["order_date"]=> string(9) "published" ["show_pagination"]=> string(1) "2" ["show_pagination_results"]=> string(1) "1" ["show_featured"]=> string(4) "show" ["show_feed_link"]=> string(1) "1" ["feed_summary"]=> string(1) "0" ["feed_show_readmore"]=> string(1) "0" ["sef_advanced"]=> int(0) ["sef_ids"]=> int(0) ["custom_fields_enable"]=> string(1) "1" ["show_page_heading"]=> string(1) "0" ["layout_type"]=> string(4) "blog" ["page_subheading"]=> string(11) "Latest News" ["menu_text"]=> int(1) ["menu_show"]=> int(1) ["page_title"]=> string(40) "News for financial planners and advisers" ["menu-meta_description"]=> string(102) "Daily online news geared to helping Australia's financial planners and advisers drive business growth." ["secure"]=> int(0) ["page_description"]=> string(53) "News and business intelligence for financial advisers" ["page_rights"]=> NULL ["robots"]=> NULL ["access-view"]=> bool(true) } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["displayDate"]=> string(19) "2019-05-14 22:42:40" ["tags"]=> object(Joomla\CMS\Helper\TagsHelper)#5433 (4) { ["tagsChanged":protected]=> bool(false) ["replaceTags":protected]=> bool(false) ["typeAlias"]=> NULL ["itemTags"]=> array(0) { } } ["slug"]=> string(58) "26787:adviser-fighting-flawed-labor-policies-in-senate-run" ["parent_slug"]=> string(14) "11:ifa-digital" ["catslug"]=> string(7) "26:news" ["event"]=> object(stdClass)#5561 (3) { ["afterDisplayTitle"]=> string(0) "" ["beforeDisplayContent"]=> string(0) "" ["afterDisplayContent"]=> string(0) "" } ["text"]=> string(394) "

A Perth-based financial adviser is on the campaign trail in her native state in an effort to educate voters about the dangers of Labor’s proposed negative gearing, tax and franking credit changes.

Write comment (5 Comments) " ["jcfields"]=> array(1) { [1]=> object(stdClass)#5575 (32) { ["id"]=> string(1) "1" ["title"]=> string(17) "Automatic tagging" ["name"]=> string(17) "automatic-tagging" ["checked_out"]=> string(1) "0" ["checked_out_time"]=> string(19) "0000-00-00 00:00:00" ["note"]=> string(0) "" ["state"]=> string(1) "1" ["access"]=> string(1) "1" ["created_time"]=> string(19) "2018-09-05 01:40:34" ["created_user_id"]=> string(4) "1090" ["ordering"]=> string(1) "0" ["language"]=> string(1) "*" ["fieldparams"]=> object(Joomla\Registry\Registry)#5521 (3) { ["data":protected]=> object(stdClass)#5379 (1) { ["options"]=> object(stdClass)#5525 (2) { ["options0"]=> object(stdClass)#5526 (2) { ["name"]=> string(3) "Yes" ["value"]=> string(1) "1" } ["options1"]=> object(stdClass)#5522 (2) { ["name"]=> string(2) "No" ["value"]=> string(1) "0" } } } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["params"]=> object(Joomla\Registry\Registry)#5523 (3) { ["data":protected]=> object(stdClass)#5529 (10) { ["hint"]=> string(0) "" ["class"]=> string(9) "btn-group" ["label_class"]=> string(0) "" ["show_on"]=> string(1) "2" ["render_class"]=> string(0) "" ["showlabel"]=> string(1) "0" ["label_render_class"]=> string(0) "" ["display"]=> string(1) "2" ["layout"]=> string(0) "" ["display_readonly"]=> string(1) "2" } ["initialized":protected]=> bool(true) ["separator"]=> string(1) "." } ["type"]=> string(5) "radio" ["default_value"]=> string(1) "1" ["context"]=> string(19) "com_content.article" ["group_id"]=> string(1) "1" ["label"]=> string(17) "Automatic tagging" ["description"]=> string(0) "" ["required"]=> string(1) "0" ["language_title"]=> NULL ["language_image"]=> NULL ["editor"]=> NULL ["access_level"]=> string(6) "Public" ["author_name"]=> string(7) "Digital" ["group_title"]=> string(4) "Tags" ["group_access"]=> string(1) "1" ["group_state"]=> string(1) "1" ["group_note"]=> string(0) "" ["value"]=> string(0) "" ["rawvalue"]=> string(1) "1" } } ["link"]=> string(64) "/news/26787-adviser-fighting-flawed-labor-policies-in-senate-run" ["image"]=> string(34) "images/News/Julie-Matheson-ifa.jpg" ["image_alt"]=> string(14) "Julie Matheson" } }