financial advice

Policy & Regulation

Roundtable acknowledges Industry Super Network's influence on FOFA

A Money Management roundtable reveals consensus around rising cost of FOFA and the influence of Industry Super Network....

Policy & Regulation

FOFA bill not best practice - Federal Opposition

The Federal Opposition claims the Government's FOFA bill breaches its own best practice with respect to regulatory impact....

Financial planning

Financial planners lobbying independents

Angered by the Government's FOFA bill, financial planners have already begun lobbying the key independents in pursuit of crucial amendments....

Policy & Regulation

Canadian insurance guru questions FOFA's intent

Canadian financial planning and life insurance expert Bruce Etherington has compared Australia's current round of Future of Financial Advice (FOFA) reforms to previous ex...

Life/Risk

Gen Y business owners want trusted financial advice when buying insurance

Most Generation Y business owners prefer speaking with a financial adviser for their insurance needs rather than going online, according to research commissioned by Zuric...

Financial planning

Financial adviser annual disclosure fee breaches understandings

The Government's inclusion of an annual disclosure on all financial advisers in its FOFA bills seriously breaches understanding around the legislation....

Policy & Regulation

FOFA headed for Parliamentary inquiry

The Federal Opposition will seek to have the Government's Future of Financial Advice (FOFA) bills sent to a Parliamentary inquiry....

Policy & Regulation

FPA rejects changed FOFA bills

The Financial Planning Association has accused the Federal Government of making further amendments to the draft Future of Financial Advice (FOFA) legislation without cond...

Policy & Regulation

van Eyk calls for FOFA research disclosure

Financial planners should have to clearly disclose the remuneration models of their research providers to clients, according to research house van Eyk's submission on dra...

Policy & Regulation

van Eyk calls for FOFA research disclosure

Financial planners should have to clearly disclose the remuneration models of their research providers to clients, according to research house van Eyk's submission on dra...

Editorial

Govt's FOFA reforms a return to the 1980s

If the Government had cared to undertake a full regulatory impact analysis of its new legislation it might have quickly concluded that, in many respects, it was turning b...

Editorial

Repurposing the sole purpose test post-FOFA

The sole purpose test has governed the operations of Australian superannuation funds for nearly two decades but, as Mike Taylor reports, it may require some reinterpretat...

Policy & Regulation

FOFA could increase financial planning practice sales further

There has been unprecedented activity over the past 12 to 18 months in terms of financial planning practice sales, and it is possible the clarity provided by the latest F...

Policy & Regulation

FOFA could increase financial planning practice sales further

There has been unprecedented activity over the past 12 to 18 months in terms of financial planning practice sales, and it is possible the clarity provided by the latest F...

Editorial

Superannuation bungle reveals Gillard’s hand

Prime Minister Julia Gillard recently revealed the degree to which the Government viewed the Industry Super Network as not only a close political ally but also a key sour...