FOFA

Financial planning

Collapsing institutions and a loss of wealth have combined to give the margin lending industry a bad reputation. Angela Faherty explains why increased legislation and a m...

Financial planning

Planners warned about 'churn'

Suncorp chief executive warns of negative consumer impact of 'churn'....

Policy & Regulation

FOFA ineffective without better policing

Shadforth Financial Group chief executive Tony Fenning believes the implementation of the Future of Financial Advice (FOFA) reforms is likely to entail a lot of work with...

Financial planning

Margin lending: mixed reception for regulatory changes

Many in the industry feel that the legislation targeting margin lending has only served to make investors more fearful of the practice. Ashley McIntyre reports....

Policy & Regulation

FOFA a "time bomb"

The Government's Future of Financial Advice reforms may actually be a time bomb, according to Synchron's independent chair Michael Harrison....

Financial planning

AFA calls for unified advice rules

The Association of Financial Advisers (AFA) has reiterated its calls for a level playing field for all who provide financial advice to retail clients - including the indu...

Editorial

ASIC wasting time and resources

ASIC, hard-pressed for funding and resources, has embarked on a costly exercise aimed at determining the quality of retirement advice at a time when the underlying rules ...

Editorial

Going back to the basics of financial planning

As the Government considers the way forward on the Future of Financial Advice reforms, Money Management publishes the following open letter written by a senior Melbourne ...

Financial planning

New Guardian boss unveils plans

Guardian has announced a new growth strategy, in which it will be targeting the acquisition of independent financial advisers (IFAs) and releasing an online business heal...

Policy & Regulation

FOFA could create split in practices

The focus on asset-based remuneration and a shift to fee-for-service advice within the Future of Financial Advice (FOFA) reforms could create a split between holistic adv...

Editorial

Playing wedge politics with financial planning opt-in

The Minister for Financial Services, Billl Shorten, knows as well as anyone else in the financial services sector that the IFAAA is a minnow. Thus his recent comments mus...

Financial planning

Year-end tax strategies: talking tax with clients

Tax is an integral part of a client's financial affairs - particularly in relation to superannuation - so financial advisers need to regularly discuss it with clients. Ja...

Editorial

Refining the financial services reforms

In its pre-Budget submission to the Federal Government, the Financial Planning Association called on the Government to implement a range of initiatives to support the cur...

Financial planning

Year-end tax strategies: keeping your house in order

Janine Mace outlines what financial advisers should be doing to ensure their businesses are adequately prepared for the end of the financial year....

Financial planning

Make intra-fund advice opt-in

Intra-fund advice should be included in the opt-in debate due to a lack of transparency regarding the way industry super funds finance it, according to Association of Fin...