financial advice

Financial planning

FOFA reforms: are financial planners the biggest losers?

Money Management recently hosted a roundtable about the effects of the Government’s proposed Future of Financial Advice reforms. The key concern of those present wa...

Policy & Regulation

FOFA reforms threaten smaller players

The Federal Government's Future of Financial Advice (FOFA) changes carry with them the genuine risk of benefiting the big banks, institutions and industry funds at the ex...

Financial planning

AMP Horizons prepared for new education framework

With the Government promising to increase education requirements for financial planners through its Future of Financial Advice (FOFA) reforms package, the AMP Horizons Ac...

Financial planning

Planners warned about 'churn'

Suncorp chief executive warns of negative consumer impact of 'churn'....

Policy & Regulation

FOFA ineffective without better policing

Shadforth Financial Group chief executive Tony Fenning believes the implementation of the Future of Financial Advice (FOFA) reforms is likely to entail a lot of work with...

Policy & Regulation

FOFA a "time bomb"

The Government's Future of Financial Advice reforms may actually be a time bomb, according to Synchron's independent chair Michael Harrison....

Financial planning

AFA calls for unified advice rules

The Association of Financial Advisers (AFA) has reiterated its calls for a level playing field for all who provide financial advice to retail clients - including the indu...

People & Products

Russell appoints head of advice centre

Russell Investments has announced the appointment of a head of its Advice Centre, which the company said signalled its commitment to the delivery of limited advice....

Editorial

ASIC wasting time and resources

ASIC, hard-pressed for funding and resources, has embarked on a costly exercise aimed at determining the quality of retirement advice at a time when the underlying rules ...

Superannuation

Increased advice offerings on super funds' radars

Up to three-quarters of superannuation funds are looking to substantially increase their advice offering over the next three years, while almost a quarter will look to ma...

Superannuation

MySuper not precluded from financial advice

The provision of financial advice with respect to MySuper is not entirely off the agenda, according to the chairman of the Government’s Stronger Super peak consultative g...

Financial planning

AXA unveils new North

Just days before the completion of the AXA/AMP merger, AXA Australia has unveiled its updated North platform offer....

Policy & Regulation

FOFA could create split in practices

The focus on asset-based remuneration and a shift to fee-for-service advice within the Future of Financial Advice (FOFA) reforms could create a split between holistic adv...

Editorial

Playing wedge politics with financial planning opt-in

The Minister for Financial Services, Billl Shorten, knows as well as anyone else in the financial services sector that the IFAAA is a minnow. Thus his recent comments mus...