FOFA

Superannuation

SPAA welcomes Federal Government decision to amend how best interest duty works as part of FOFA reforms....

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Policy & Regulation

Minister puts brakes on both legislative and regulatory amendments to FOFA but action is well received. ...

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Policy & Regulation

Finance Minister, Senator Mathias Cormann pauses FOFA process for consultations...

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Policy & Regulation

Cormann signals FOFA reform fight....

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Editorial

The executive director of the Revenue Group within the Federal Treasury, Rob Heferen, made a very important point to last month’s SPAA conference in Brisbane: any change ...

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Policy & Regulation

Several financial services industry bodies throw support behind FOFA amendments tabled in Parliament yesterday. ...

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Policy & Regulation

The FSC has obtained legal advice from a Senior Counsel confirming the Government’s FOFA changes will not undermine client best interest or consumer protections....

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Financial planning

AFA has accused ISA of hypocrisy for not making its FOFA submission publicly available, despite its loud calls for transparency....

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Policy & Regulation

As FOFA development draws to a close, software companies shift focus to scaled advice and customer engagement, research shows....

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Financial planning

New ASFA report shows the median cost of intra-fund advice is $2.81 per member per year....

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Financial planning

Planners watch events in ICAC and hope they do not impact pace of FOFA changes....

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Financial planning

Independent dealer group Premium Wealth Management is slowly growing its member footprint with a new acquisition after it was “grounded” last year by regulatory reform....

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Financial planning

Centrepoint Alliance to assist planners gain their own licence and secure PI cover ...

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Financial planning

Investment 'supermarket’ InvestSmart has restored its two founders to the helm, who say they have revamped the website to “trumpet the virtues of diversification”....

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Editorial

Based on recent media coverage, it would be easy to believe that the Abbott Government was quite recklessly setting about dismantling all the consumer protections contain...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 1 hour ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago