FOFA

Policy & Regulation

Senate Committee recommends FOFA amendments be passed but Greens and Labor Senators object to all the suggested changes....

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Policy & Regulation

The AFA is not surprised by the report of the Parliamentary Committee on the FOFA amendments but wants the line held on product advice....

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Policy & Regulation

Cormann says Senate Committee report will influence the shape of the Government’s ultimate FOFA changes....

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Financial planning

Financial planning business broker predicts the industry will split into two sectors with non-aligned groups dominating the holistic, high touch advice space....

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Policy & Regulation

Finance Minister, Senator Mathias Cormann claims critics of the Government’s FOFA changes have fallen short on offering viable alternatives....

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Financial planning

The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....

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Financial planning

ASIC admits it targeted the big planning groups for shadow shopping because it thought it would make the most impact....

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Editorial

ETFs lay in the shadow of other investment vehicles for almost a decade, but the last two years have seen their value skyrocket. Could it have anything to do with regulat...

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Life/Risk

Advisers must be extremely diligent about ensuring they fulfill their duty of care, as two recent court cases have shown. David Glen runs through the post-FOFA adviser ch...

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Policy & Regulation

Industry Super Australia (ISA) has reiterated its view that Future of Financial Advise (FOFA) reforms should be given time to deliver benefits to consumers before new cha...

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Financial planning

Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....

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Policy & Regulation

ASIC executive claims consumer misunderstandings were exploited for the benefit of financial services providers....

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Policy & Regulation

The Minister for Finance, Seantor Mathias Cormann claims vindication on the back of the FOFA findings of the ABC Fact Checking unit....

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Financial planning

Advisers urged to charge clients flat fees instead of claiming commissions, to avoid conflicts of interest. ...

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Policy & Regulation

Claims that the Federal Government’s proposed changes to the Future of Financial Advice (FOFA) reforms could cost retirees’ their life-savings are 'scaremongering’, accor...

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

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