financial advice

Financial planning

Institutions desperate to meet profit expectations in the face of lost legacy business are desperate to snap up increased distribution, artificially elevating financial p...

Superannuation

Corporate superannuation fund members could lose advice <br /> under opt-in

Opt-in could result in corporate super fund members having to individually opt in to advice fees every two years, reducing their access to advice, corporate super represe...

Policy & Regulation

Asteron announces pre-FOFA upgrades

Asteron has announced a range of product enhancements as part of a stated plan to help its advisers navigate through upcoming Future of Financial Advice (FOFA) reforms. ...

Editorial

Intra-fund advice class order removal a relief

ASIC's guidance document on scalable advice should be welcomed for one thing, the manner in which it proposes to remove the class relief granted to superannuation fund tr...

Policy & Regulation

FOFA's stockbroking commission ban ill-considered

A ban on stockbroking commissions proposed in the Government's Future of Financial Advice (FOFA) reform package will be detrimental for the industry and have unintended c...

Financial planning

Global jitters highlight value of advice: AFA

The current global financial jitters highlight the value of financial advice, as clients lean on advisers to guide them through difficult times, according to Association ...

Policy & Regulation

Lack of comparison undermines FOFA

The Federal Treasury has admitted it has not done a complex international comparison of the Government's proposed Future of Financial Advice (FOFA) changes and experience...

Policy & Regulation

Technology key to handling FOFA changes

Financial planning dealer groups will need to embrace technology driven advice models in the new post Future of Financial Advice (FOFA) world, according to the ANZ Wealth...

Financial planning

Another AXA practice joins MLC

A Sydney based financial planning practice has switched licensees from Charter to Garvan following an approach from MLC....

Editorial

Building lasting client relationships

A recent study has shown that advisers see their client relationship as the primary foundation of their value proposition. Fiona Mackenzie describes the importance of a ...

Superannuation

Simplifying the superannuation nest

Chris Jansen explains how providing standalone superannuation advice could be a win-win....

Financial planning

Maher critical of Government inaction

The Federal Government has been taken to task for causing consumer uncertainty by taking an undue amount of time to deliver a new legislative framework covering the finan...

Financial planning

FPA weighs in on CHOICE switch campaign

The Financial Planning Association has criticised CHOICE’s partnership with the Big Bank Switch campaign, calling it hypocritical....

Policy & Regulation

FOFA legislation timing drifts further

The first draft of the legislation flowing from the Government’s proposed Future of Financial Advice (FOFA) changes is now not likely to be made available until nex...

Editorial

Advice for the Government on what is financial advice

A significant portion of the Australian population does not understand what constitutes financial advice and that it remains far too easy for people operating well outsid...