FOFA

Policy & Regulation

The Assistant Treasurer, Senator Arthur Sinodinos, says ASIC will monitor FOFA changes to ensure they are meeting their objectives....

image
Financial planning

New legal advice obtained by ISA states planners will be able to satisfy the best interests duty without actually acting in the best interests of the client. ...

image
Financial planning

The head of the Commonwealth Bank has denied poor organisational culture is to blame for the events that led to a number of its planners being banned by the industry’s re...

image
Financial planning

Successful succession planning requires a mix of research, preparation and experimentation, explains Simon Harris....

image
Superannuation

The intra-fund advice fee is unknown to fund members and is effectively paid as a secret commission, CSSA says....

image
Policy & Regulation

The proposed scrapping of FOFA’s conflicted remuneration ban could give planners the green light to offer general advice - but they should still approach with caution, a ...

image
Policy & Regulation

The Assistant Treasurer, Senator Arthur Sinodinos, says the regulatory changes to FOFA will be ready by the end of this month....

image
Financial planning

Administration and compliance is costing advisers more than $15,000 a year in lost revenue, according to a CoreData report....

image
Policy & Regulation

Financial planners unlikely to face legal action on FOFA amendment-related advice, with courts recognising FOFA uncertainty....

image
Editorial

In case financial planners have not noticed, the Abbott Government’s moves to change FOFA, either by regulation or legislative amendment, has been the subject of a concer...

image
Policy & Regulation

ASIC has sidestepped claims that FOFA amendments were a negative step and its enforcement approach allowed advisers a free hand....

image
Editorial

Australian Unity’s financial services business defied sluggish growth trends across the rest of the group to lift its FUM by a record $3.2 billion in the half year to Dec...

image
Financial planning

New online advice platform offers full financial plans for as little as $199....

image
Editorial

Close watchers of the financial services industry will have noted that for a period of about 18 months to the end of 2013 an informal truce seemed to exist between the FP...

image
Superannuation

The relaunch comes with the prospect of allowing sales commissions back into financial advice, ISA says. ...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

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

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

2 weeks 6 days ago

Financial advisory group AZ NGA has announced a strategic partnership with a $294 billion global investment manager to support its acquisition plans....

4 weeks 1 day ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

2 weeks 4 days ago