Academic claims ASIC got fiduciary duty wrong and really meant ‘best interests’....
Former High Court judge and patron of the SPAA, Sir Anthony Mason, believes intra-fund advice should be subject to the same fiduciary duty obligations as full advice....
Superannuation funds find it difficult to communicate with members on an opt-in basis....
The FPA has described recent comments from sections of the trade union superannuation movement advocating an opt-in payment structure for financial advice as ‘alarm...
A Money Management survey has suggested the cost of opt-in will not be cheap and it will be carried by clients....
The Association of Financial Advisers (AFA) has announced a plan that will see its Fellow Chartered Financial Practitioner (FchFP) designation positioned into a pathway t...
The consequences of breaching fiduciary duty under the Government’s Future of Financial Advice (FOFA) reforms could be much steeper than first thought, with the pos...
Industry Super Network uses more research to pressure Govt on annual opt in....
Macquarie Banking and Financial Services Group (MBFSG) has reappointed Mercer to provide investment research and consulting services for the next three years....
Expanded intra-fund advice would not compromise the quality of financial advice Australians receive because it is governed by the same rules and regulations as other advi...
The FSC has proposed a three-year renewal framework, which would allow consumers to opt out and cease payments at any time, as an alternative to the opt in proposals....
The Industry Super Network has commissioned a poll it claims proves its point on annual opt in....
The principles of the Future of Financial Advice (FOFA) reforms should be extended across a broader range of financial services roles and products, and not just stop at f...
The independents in the House of Representatives have become the target of lobbying efforts on the part of the financial planning industry....
The Assistant Treasurer, Bill Shorten, faces the prospect of some serious horse-trading in both houses of Parliament to get the financial advice 'opt in' legislation pass...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...