FOFA

Editorial

Whatever ASIC says about its inaction over the collapse of Storm Financial, the FOFA reforms will not prevent history repeating itself, writes Mike Taylor....

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Financial planning

Greater flexibility and independence, increasing dealer group fees, and concerns around fulfilling a fiduciary duty are some of the reasons why more advisers are applying...

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Financial planning

New generation platform providers have criticised the ‘preferential programs’ initiated by their peers, claiming they have the potential to bias the advice gi...

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Policy & Regulation

The lift in financial advice standards proposed by the Future of Financial Advice (FOFA) reforms is a step in the right direction, but it is not enough, according to Glob...

Policy & Regulation

While Australia’s big wealth management firms are well placed to adjust to the FOFA reforms, the smaller players will struggle....

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Financial planning

Questions have been asked about why the Australian Law Reform Commission didn’t have carriage of the Future of Financial Advice reforms....

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Financial planning

The limited nature of the adviser/client relationship with respect to intra-fund advice may make it difficult to impose a uniform interpretation of fiduciary duty, accord...

Financial planning

The entry-level requirements for the provision of financial advice may soon be lifted from their very low base, with the corporate regulator undertaking consultation with...

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Editorial

Recent comments by Assistant Treasurer and Minister for Financial Services Bill Shorten have brought the Government's willingness to consult with the industry about FOFA ...

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Financial planning

The introduction of a statutory fiduciary duty for advisers could see the financial services industry return to the agent and broker models of its roots....

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Financial planning

Changes to the way the financial services industry operates are keeping the master trust and platform sector on its toes, says Janine Mace....

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Policy & Regulation

Further research has confirmed concerns around the FOFA changes driving up the cost of advice....

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Policy & Regulation

New research reveals the way the banning of commissions and the implementation of FOFA will push up the cost of advice....

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Financial planning

The Future of Financial Advice reforms will see the end of commissions and the introduction of fee-for-service for planners. Mike Taylor hosts a roundtable to discuss wha...

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Editorial

When it comes to financial advice remuneration models, it's the service that matters, not the mode of payment, says Indy Singh....

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