financial advice

Financial planning

New ASIC boss warns 'gatekeepers'

New ASIC chairman, Greg Medcraft wants financial service 'gatekeepers' to vet products going to retail investors....

Policy & Regulation

Two years before FOFA valuations impact

It may be two years before the full impact of FOFA on planning practice valuations becomes clear....

Superannuation

Simultaneous client/planner retirement a challenge

Many financial planners belonging to the baby-boomer generation will retire around the same time as the majority of their clients, creating a greater need for well though...

Financial planning

Planners should focus on bigger picture: IPA

The Institute of Public Accountants has spoken out in favour of the Government's Future of Financial Advice (FOFA) reforms, arguing that the financial planning industry s...

Policy & Regulation

Instos could bypass FOFA

Smaller platform providers claim large institutions that have financial products, administration services and distribution networks under one umbrella will find ways to p...

Policy & Regulation

Platforms should stay ahead of FOFA

Platforms should not wait to see what changes are introduced under the Government's Future of Financial Advice reforms, but rather should try and stay ahead of market nee...

Editorial

Independents’ critical FOFA roles underscored

The Opposition spokesman on Financial Services, Senator Mathias Cormann, unquestionably hit a strong note with financial planners when he late last month told an Associat...

Funds management

ETFs to become more attractive for advisers

The proposed FOFA reforms could boost the use of exchange-traded funds (ETFs) by Australian retail investors, according to an industry expert....

Financial planning

Opt-in to reduce costs for consumers, claims ISN

A two-year opt-in proposal will reduce the cost of financial advice, with asset-based fees resulting in consumers paying up to 17 times more, according to the Industry Su...

Editorial

FOFA reforms raise more questions than answers

The Federal Government may have handed down its Future of Financial Advice (FOFA) proposals but that has not served to end uncertainty in the financial services industry....

Financial planning

Michelle Woodgate named BDM of the Year

Asgard's Michelle Woodgate has been named Money Management BDM of the Year....

Policy & Regulation

FOFA's unintended consequences

Money Management roundtable participants warn of unintended consequences of FOFA changes....

Policy & Regulation

HUB24 responds to FOFA with service restructure

Platform provider HUB24 has restructured its investment service in response to the Government's proposed Future of Financial Advice (FOFA) reforms, becoming another playe...

Policy & Regulation

FOFA could be blocked, says Cormann

The Federal Opposition will be well placed to block the Government's proposed Future of Financial Advice (FOFA) reforms passing through the Parliament next year, accordin...

Financial planning

Entertainment expenses in the spotlight

The happy days of all-expenses-paid trips and free tickets to the country's top events will end should certain Future of Financial Advice reforms relating to soft dollar ...