fee disclosure statements

Financial planning

No relief for ongoing fee arrangements: ASIC

The corporate regulator has clarified in its guidance that it does not have any powers to give exemptions or modifications and has clarified fixed-term definitions....

Financial planning

Intra-fund advice has created advice unfairness

A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...

Financial planning

AFA seeks to move ahead of opt-in changes

Faced with unilateral action on the part of some superannuation funds, the Association of Financial Advisers has sought to move ahead of the Government’s 2020 legislative...

Financial planning

Licensees face potential court action of FDS failures

The Australian Securities and Investments Commission has foreshadowed court action in the wake of a review of fee disclosure statements and renewal notices which uncovere...