financial advice

Financial planning

Sentiment among Australian financial advisers appeared to be heading down even before last week's Government announcement about the Future of Financial Advice changes....

Policy & Regulation

Tell us how you feel about FOFA

Money Management wants to know how you feel about the proposed FOFA changes....

Financial planning

IOOF acquires stake in Patron

IOOF Holdings has acquired a minority stake in boutique financial advice firm Patron Financial Advice....

Superannuation

Tax risk from ban on super risk commissions

The Government has been warned of both cost and tax implications from banning all risk commissions within superannuation....

Editorial

Financial planners' reform fatigue

Financial planners could be forgiven for suffering reform fatigue - and the release, last week, of Richard St John's consultation paper, Review of compensation arrangemen...

Financial planning

Pre-existing volume rebates to be grandfathered

The Financial Services Council has confirmed transitional arrangements on volume rebates involving the grandfathering of those existing before 30 June, 2012....

Superannuation

Super members expect cheaper advice

There is a massive disconnect between the demand for financial advice among super fund members and their willingness to pay for it, according to Investment Trends researc...

Policy & Regulation

FPA to outline FOFA concerns

The FPA has outlined concerns about opt-in provisions and insurance bans within super outlined in the Government's Future of Financial Advice reforms....

Superannuation

Govt bans super risk commissions, imposes two year opt-in

The Federal Government’s Future of Financial Advice reforms have banned all risk commissions in super and volume rebates at the same time as imposing a two-year opt-in on...

Financial planning

Adviser liability remains a concern: FPA

Issues surrounding adviser liability remain a concern and will be discussed during the next phase of Government consultation regarding investor compensation, according to...

Financial planning

NIA opposes legislating 'financial planner'

The National Institute of Accountants (NIA) has opposed moves from financial planning bodies to have the use of the terms 'financial planner' and 'financial adviser' rest...

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...