financial advice

Financial planning

Confronted by a Senate Committee inquiry, ASIC has delivered a highly detailed enforcement report and pointed to the likelihood of FOFA uncovering legacy issues....

Editorial

Financial services deliver windfall to law firms

Due to the wave of change ripping through the financial services industry, law firms specialising in this sector will be fighting for your business. Leanne Mezrani points...

Financial planning

ISN research at odds with reality

New FOFA research commissioned by industry funds is at odds with reality, according to financial planning executives. ...

Financial planning

SMSFs actively seek out financial advice

SMSF investors have a higher propensity to seek out and value advice than non-SMSFs, while nearly half of recent SMSF investors are under the age of 30....

Financial planning

AFA warns on grandfathering

The AFA is working with Treasury to prevent the loss of grandfathering on existing clients when advisers change licensees. ...

Financial planning

FOFA changes more an opportunity than a challenge

Seaview Consulting believes planning firms can translate the FOFA changes into a business opportunity....

Financial planning

Restoring trust in financial planning

The concept of trust in financial planning has reached a critical juncture, writes Geoff Rimmer, and only bold measures will restore it. ...

Financial planning

ASIC only successful after damage is done

The chairman of the Senate Committee reviewing ASIC laments that its greatest successes appear to have occurred after the damage has already been done....

Policy & Regulation

FATCA delay to help with FOFA implementation

Australian financial services institutions have received some breathing space with regards to the implementation of FOFA and Stronger Super as the US announces a six-mont...

Financial planning

Homesafe pushes equity release option

Homesafe Solutions believes market conditions have generated an environment conducive to equity release products....

Accounting

IPA welcomes Coalition’s deregulation promise

The Institute of Public Accountants has welcomed the Coalition’s new policy paper which re-affirms the promise to repeal some of the more controversial elements of the Fu...

Financial planning

Lambert predicts more AFSLs will disappear

Count founder Barry Lambert predicts in Money Management that commercial reality and the FOFA changes will precipitate the disappearance of more AFSLs....

Financial planning

Coalition’s policy paper reiterates FOFA promise

The Coalition has released a new policy paper which confirms it would amend FOFA to “reduce compliance costs for small business financial advisers”. ...