OnePath program to help advisers through FOFA
OnePath has launched a program called FutureReady, which is aimed at preparing advisers for the post-Future of Financial Advice (FOFA) environment.
The company said the online “knowledge hub” would provide financial planners with information on FOFA impacts for advice professionals and tools to guide them to successfully transition to fee-for-service.
ANZ general manager of advice and distribution, Paul Barrett, announced the program, saying the upcoming reforms would bring significant change to many aspects of the advice profession, affecting the way advice is provided.
“We work with a large number of advice businesses across the country, and the FutureReady toolkit includes examples of things that we have seen work,” Barrett said.
“The program leverages our internal technical and regulatory specialist knowledge, as well as expertise from the Encore Group,” he added.
FutureReady program also includes online step-by-step guide and toolkit to help advisers transition to a successful fee-for-service business model.
Barrett said the program would be available to all advisers via the OnePath Adviser Advantage website.
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