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AAMC Training Group

AAMC offers you solutions based training and consulting options. Many Banks, Finance Brokers, Financial Planners, Dealer Groups, Accountants, Real Estate Agents and Insurance Brokers entrust AAMC to train their people with courses available for the whole of the financial services industry. Our consulting services are also popular for those wanting advice on how to improve their business and meet the ever changing regulatory environment. Contact AAMC Training Group today to discuss your current and future needs.

National Credit Code Regulations Regarding Comparison Rates.

By: admin|

In line with National Credit Code regulations, legislation regarding to the advertisement of comparison rates has been amended.

Comparison rates no longer need to be displayed in the following circumstances:

• Comparison rate schedules no longer need to be produced

• Newspaper advertisements that just list interest rates – without any promotion

AFR Article Comparing Financial Planner Training and a Hairdressers- Ill-informed

By: admin|

An Australian Financial Review article published in the Weekend edition, February 26th-27th, comparing the ease with which a financial planner can gain licensed qualifications  to operate as against  a hairdresser requiring 3 years to qualify does neither profession any favours. It certainly shows a lack of understanding of how financial

Australian Regulators looking to alternatives for Insurance commissions

By: admin|

The Federal Government is looking at the current practices of commissions being paid on risk insurance sales by financial advisors  to their clients. This is certainly a hot topic in the industry as given the Australian population is under insured by more than one trillion dollars and advisors are saying that clients will not pay fees

Australian Tax Office using Benchmarking to expose variances in Taxation lodgements and EBay product sellers.

By: admin|

Whilst benchmarking has been around for many years many people do not really understand the ability of the taxation office to compare all businesses in the cash economy against their peers when submitting taxation returns. All the data that has now been collected over the past years and has been

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