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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....
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...
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...
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....
Financial planning
Questions have been asked about why the Australian Law Reform Commission didn’t have carriage of the Future of Financial Advice reforms....
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...
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 ...
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....
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....
Policy & Regulation
Further research has confirmed concerns around the FOFA changes driving up the cost of advice....
Policy & Regulation
New research reveals the way the banning of commissions and the implementation of FOFA will push up the cost of advice....
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...
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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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...