FINANCIAL SERVICES REFORM

Financial planning

Whispers within the financial services industry seem to suggest that financial planners have something to fear as the financial year ends. However, Kate Kachor discovers ...

Financial planning

In my last article I discussed the role of the financial planner and how the Financial Services Reform Bill (FSRB) does not equate advice with financial planning....

Financial planning

Fresh off the back of the alienation of personal services income legislation and the Financial Services Reform Bill (FSRB), the financial services industry has another le...

Financial planning

The debate over fees and commissions is as old as financial planning itself. Tom Collins asks whether we are arguing over definitions....

Financial planning

The Financial Services Reform Bill (FSRB) may have left the door open for managed funds to be sold legally over the telephone....

Financial planning

The Australian Securities and Investments Commission (ASIC) has released its long awaited first tier of policy proposal papers (PPP), focusing on licencing and disclosure...

Financial planning

Within hours of the introduction of the Financial Services Reform Bill into the House of Representatives at the start of this month, almost all financial services associa...

Financial planning

The debate over fees and commissions is as old as financial planning itself. Tom Collins asks whether we are arguing over definitions....

Financial planning

The Association of Financial Advisers (AFA) has reacted strongly to the disclosure provisions of the Financial Services Reform Bill, claiming they are inconsistent and no...

Financial planning

Members of financial services professional bodies who offer financial advice will have to be licenced and regulated to the same standards of a financial planner, followin...

Financial planning

Industry bodies affected by the Financial Services Reform Bill (FSRB) are angry with being given just six working days to review the draft bill and the submissions deadli...

Financial planning

The Parliamentary Joint Committee on Corporations and Securities has extended the Financial Services Reform Bill (FSRB) submissions deadline, reacting to anger in the ind...

Financial planning

Financial planners who gained planning qualifications prior to 1994 will be asked to prove their current industry knowledge or be forced to undertake further qualificatio...

Financial planning

The series of changes in financial services and insurances has resulted in cost increases which may be passed on to clients. Doug Scriven examines how those writing risk ...

Financial planning

After months of waiting, the Federal Government has finally introduced the Financial Services Reform Bill into parliament....

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