FINANCIAL ADVICE

Policy & Regulation

FOFA should be given time to settle before further changes, according to Minter Ellison....

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Financial planning

Asteron Life has produced new research underscoring both the value of advice and insurance....

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Policy & Regulation

Actuarial consultancy Rice Warner expresses concern that proposed FOFA changes will undermine the delivery of intrafund advice....

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Policy & Regulation

Advisers believe the FOFA reforms are a now only a distraction from delivering quality client services and building their personal brand, a recent survey by the Advice Le...

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Editorial

It would be very easy to have read the announcement by the Minister for Finance, Senator Mathias Cormann, that he was pausing the FOFA change process as some sort of a vi...

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Accounting

Accountants are grossly miscalculating the cost of licensing their own SMSF advice business, with many expecting to pay around an eighth of the actual cost....

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Financial planning

ASIC has outlined four key areas for regulatory improvement - including for a national exam, a wider register and greater banning powers....

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Policy & Regulation

The FPA uses its FSI submission to point to need to more clearly define the risks in general and personal advice....

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Policy & Regulation

Scaled and scoped advice has received undue focus under the Future of Financial Advice (FOFA) legislation, and is a sign of increasing levels of paternalism in legislatio...

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Financial planning

The attributes that companies are seeking in financial planners are drastically changing, with sales no longer a must-have skill, writes Milana Pokrajac. ...

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Policy & Regulation

Tasmanian Liberal Senator, David Bushby has explained the high cost for planners in complying with an unamended FOFA regime....

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Financial planning

Impending changes to aged care legislation will have many questioning whether or not they should sell their homes. And financial advisers will have a crucial role in stee...

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Policy & Regulation

Opposition parliamentarian Ed Husic has claimed ASIC is 'walking both sides of the street’ in taking a facilitative approach to regulating the implementation of the FOFA ...

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Policy & Regulation

The Commonwealth Bank has called for all financial advice fee payments to be made tax deductible....

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Financial planning

Despite the best intentions, the FOFA reforms constrained quality advice and left little wriggle room for planners wanting to expand their experience, writes Rob Caprioli...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

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gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

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The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

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The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

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ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

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