association of financial advisers

ASSOCIATION OF FINANCIAL ADVISERS

Editorial

Aranka Nolan has been named winner of the Marketing and Communications category of Money Management/Super Review’s Woman in Financial Services awards for her work in deve...

Editorial

Honesty was the best policy

Carolan Ibbotson has been named BDM of the Year as part of Money Management/Super Review’s Women in Financial Services Awards 2013....

Editorial

Coalition begins delivering on expectations

It was probably inevitable that within two months of gaining office and with a minimum of fuss, the Coalition Government has sought to undo some of the last legislative a...

Editorial

Does ASIC have the power and resources it needs?

'Does ASIC have the power and the resources to fulfil its task as corporate watchdog?' is the question the Australian Senate is asking as part of its review of the regula...

Editorial

With ASIC, you get what you pay for

Mike Taylor writes that as a former ASIC executive, ASFA chief executive Pauline Vamos has managed to spice up the submissions to the Senate Committee reviewing ASIC’s op...

Financial planning

Sinodinos outlines Govt FOFA objectives

Sinodinos confirms Government’s intentions and timetable on FOFA changes along with moratorium on major change during Financial Systems Review....

Policy & Regulation

Industry welcomes tax announcement

The financial services industry has broadly welcomed the Government’s move to abolish the proposed tax on super earnings over $100,000....

Superannuation

ASIC must deter SMSF property spruikers

There is clearly regulatory concern about the activities of property spruikers as they seek to target SMSFs and, as Mike Taylor writes, a clear message needs to be sent. ...

Financial planning

FSC echoes calls for FOS consistency

FOS has been characterised by inconsistency, with the resolution and management of complaints dependent on the individual case manager, the FSC says. ...

Financial planning

Dealer group claims restraint of trade

Risk-focused dealer group Synchron is strongly considering going to the Australian Competition and Consumer Commission (ACCC) over a particular dealer group charging advi...

Superannuation

Intra-fund fees should be negotiable: CSSA

Corporate super specialists have been the most negatively affected by the Future of Financial Advice (FOFA) reforms due largely to a misunderstanding about the services t...

Financial planning

AFA questions FOS operating procedures

AFA claims FOS ground rules provide inherent imbalance against advisers....

Financial planning

Dealer groups turning away planners

Dealer group heads deny playing a numbers game and admit to turning away some planners....

Financial planning

ASIC to launch FOFA implementation project

The financial services regulator will observe a number of selected licensees in their FOFA implementation over the next few months with the goal of identifying areas wher...