Complaint Themes For 2025

The paradox that compliance represents continues to haunt the financial advice industry. No-one seriously argues that compliance with regulation should not be a non-negotiable for advice practices; but the administrative burden of compliance, and the bewildering frequency of changes, constitutes a significant impost on advisers, to the point where it can compromise their ability to give their clients the best advice, and run their practices viably.

Compliance and ongoing regulatory changes remain the greatest challenges for financial advisers in Australia; and as the regulatory landscape continues to evolve, advisers must adapt to new rules, frameworks, and standards to ensure their practices remain compliant and sustainable.

In the October edition of the INPractice Webinar, The Inside Network will present a detailed overview of likely developments in compliance requirements within the financial advice industry, offering critical insights on how to stay ahead of regulatory changes.

Participants will gain an understanding of upcoming regulatory changes and reforms being driven by both government and industry bodies, including new licensing requirements, professional standards, and compliance obligations related to client documentation, fee transparency, and conflicts of interest. The session will also cover how these developments may impact business operations and client relationships.

The webinar will discuss:

• Practical strategies for managing compliance risks, streamlining compliance processes, and maintaining a culture of accountability within financial advice practices;

• How practices can stay informed about regulatory changes, implement effective compliance systems, and leverage technology to enhance their compliance workflows;

• Crucial areas of focus for compliance, including licensing, documentation, and fee structure; and

• How to use technology to streamline compliance and reduce risk.

This webinar is essential for financial advisers seeking to understand the evolving compliance landscape and take proactive steps to ensure their business is well-positioned to meet future regulatory requirements.