financial advice

Policy & Regulation

The Law Council of Australia has warned that the Government's FOFA changes risk going further than is necessary to achieve their core outcomes....

Financial planning

Financial planning practice values stabilise: Radar Results

FOFA reforms have not had as great a negative impact on financial planning practice valuations as anticipated, according to Radar Results....

Financial planning

Financial planner opt-in to cost $95 per client per year

Matrix dismisses the $11 estimate on financial planner opt-in as ridiculous and cites a figure of $95 per client per year....

Financial planning

BFPPG calls for end to volume rebates

BFPPG urges PJC to recognise need to separate product from financial advice by banning volume rebates....

Policy & Regulation

AustralianSuper urges against FOFA delay

AustralianSuper has urged against any delays to the implementation of FOFA, claiming the financial advice industry has had sufficient time....

Financial planning

Another Commonwealth Financial Planning financial adviser banned

ASIC has accepted an enforceable undertaking from a Commonwealth Financial Planning financial adviser that sees him banned from financial services for two years for faili...

Financial planning

BFPPG calls for end to volume rebates

BFPPG urges PJC to recognise need to separate product from financial advice by banning volume rebates....

Financial planning

Financial planners more willing to recommend industry super funds

New research reveals growing numbers of financial planners willing to recommend industry super funds, while NAB/MLC emerge as top brand....

Policy & Regulation

FOFA bills fail to meet financial advice objectives - FPA

The FPA has warned the Parliamentary Joint Committee the FOFA bills, as drafted, will fail to meet the objectives of better and more accessible financial advice....

Policy & Regulation

NAB/MLC warning on high cost of FOFA fee disclosure

NAB/MLC have warned that FOFA fee disclosure proposals will add millions to the financial advice process....

Policy & Regulation

FOFA fails on group remuneration

The FOFA changes have failed to provide an appropriate model for fees to be charged for services provided on a group basis, significantly disadvantaging those assisting c...

Financial planning

All eyes on FOFA

With widespread industry concern surrounding the proposed changes, all eyes remain firmly locked on the progress of the FOFA reforms as we move into 2012 and ever-closer ...

Financial planning

Guardian Advice makes risk part of its business

Having completed a rebranding and a strategic repositioning, Guardian Advice enters 2012 with an ambitious plan to expand its financial adviser base over the next three y...