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....

image
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...

image
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...

image
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....

image
Financial planning

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

image
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...

image
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 ...

image
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....

image
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....

image
Policy & Regulation

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

image
Policy & Regulation

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

image
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...

image
Editorial

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

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 days 6 hours ago

Interesting. Would be good to know the details of the StrategyOne deal....

6 days 12 hours ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

3 weeks 4 days ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 weeks 6 days ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

5 days 10 hours ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

4 days 13 hours ago