The regulation of financial planning in Australia : current practice, issues and empirical analysis / by Angelique Nadia Sweetman McInnes.

Format:

Book

Author/Creator:

McInnes, Angelique Nadia Sweetman, 1967- author.

Series:

Routledge advances in management and business studies.

Routledge advances in management and business studies

Language:

English

Subjects (All):

Financial services industry--Law and legislation--Australia.

Financial services industry.

Financial planners--Legal status, laws, etc--Australia.

Financial planners.

Physical Description:

1 online resource (373 pages).

Edition:

First Edition.

Place of Publication:

New York : Routledge, 2020.

Summary:

This book investigates the legitimacy of the current Australian Financial Services Licensee-Authorised Representative (AFSL-AR) licensing model, as specified in the Commonwealth Corporations Act 2001. The book rectifies the deficiency in scholarly attention to this matter by developing a new conceptualised framework for the financial planning discipline. It takes into account theories in agency, legislation, legitimacy and the independent individual regulatory regimes in other professions; thereafter integrating this framework with the financial planning theory to examine the legitimacy, or what was found to be the illegitimacy of licensing advisers via multiple third party conflicted commercially oriented licensees. This book makes a very useful reference to understanding financial planning licencing model in Australia.

Contents:

Introduction

International trends in financial adviser regulation

Legitimacy of current licensee-adviser licensing for australian financial advisers

Research paradigm, methodology and SEM design

Contextualising current licensing of financial advisers : preliminary analysis using confirmatory factor analysis

Empirical analysis of the current AFSL-AR licensing regime and the existing licensee-adviser relationship

Conclusion.

Notes:

Based on author's thesis (doctoral - RMIT University, 2018) issued under title: Licensee-authorised representative licensing model : theory and Australian empirical evidence.

Description based on print version record.

ISBN:

0-429-62244-9

0-429-62029-2

0-429-05437-8

9780429054372

OCLC:

1112671965