An increasing number of participants in the financial services industry are subject to a "best interests" obligation in relation to their clients. But what exactly does ...
The FPA has renewed its call for the Government to make up-front advice fees tax deductible and has urged the Budget impact be assessed by the Productivity Commission....
After this week’s leadership challenge the Federal Government will not waste political capital championing changes to FOFA according to the AFA....
A doctor-style fee-for-service model for all advice, including life insurance, would create unsustainability in the financial planning sector and prevent specialisation, ...
Constant flip flopping of FOFA laws have left advisers in limbo over what regulations constitute as law, Holly Nethercote believes....
Non-aligned dealer group Capstone has teamed up with peak accountancy body the IPA as the deadline approaches for the removal of the accountants’ exemption next year....
Beyond what they see in media headlines, many consumers have no idea what a financial planner does, a wealth management veteran believes. ...
As the financial planning industry proceeds further into 2015 it must accept little or no further change to FOFA but a range of new debates and opportunities....
The immediate past chairman of the Financial Planning Association, Matthew Rowe, sees considerable significance in the findings of the Joint Parliamentary Committee which...
Vertical integration is off the radar for the time being but may come back if amendments to the FOFA legislation are revived according to ISA. ...
Accounting graduates may prove the “feeding ground” for the evolving financial advice space, according to the head of the AFA. ...
Australia’s growing number of ultra-high net worth individuals (UHNWIs) will require financial advisors with generalist - not just investment - knowledge, a new report re...
A number of advisers have launched a crowd-funding effort to counter the negative publicity which has impacted the planning profession....
Certainty around the FOFA reforms is set to provide financial services sector employers with the security to increase staff numbers a new survey reveals....
The Capital Markets Cooperative Research Centre says ASIC chairman, Greg Medcraft, is off the mark when he pushes for a national exam in the absence of evidence it will a...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...