FOFA

Financial planning

SOAs set to grow as platform choices fall under best interest duty

FOFA regulations require planners to outline platform and investment choices in SOAs....

Financial planning

Online learning modules launched

The Fold Legal launches three new online learning modules in its Financial Advice Series....

Editorial

Whatever next for advice?

With Parliament prorogued and the advice reform agenda incomplete, many in the financial services industry are left wondering ‘what now?’, writes Cecilia Storniolo....

Financial planning

Practice values likely to remain in decline

Seaview Consulting predicts financial planning practice values will remain in decline with supply outstripping demand....

Editorial

Equity Trustees’ profit hit by Trust takeover costs

Equity Trustees has reported a net profit after tax of $8.7 million for the 12 months to the end of 30 June 2013, stating that the result was affected by costs associated...

Funds management

ETFs gaining ground but have to prove worth

ETFs have moved onto a level playing field with actively managed investment products as a result of the FOFA reforms — but the onus is still on ETFs for people to invest ...

Editorial

Fiducian posts profit following year of consolidation

Planning acquisitions and platform restructure set scene for future performance....

Editorial

ClearView boosts planner numbers but reports profit drop

Profit falls as insurer boosts planners and distribution agreements. ...

Financial planning

Planners expect too much, say researchers

Some sections of the financial planning industry do not have a full understanding of what research houses do and to what extent their ratings can be relied upon. ...

Editorial

A pendulum swings both ways

Industry Super Network CEO David Whiteley has made an appeal to financial advisers to give FOFA a chance to work before rushing to have the reforms amended. ...

Rate the raters

The blame game continues

If a product receives a glowing review by a research house and subsequently fails, should the research house be partly responsible? The Parliamentary Joint Committee rece...

Financial planning

AFSL support services in high demand

Two businesses specialising in providing support to small licensees said they were experiencing significant growth due to dealer group dissatisfaction and FOFA. ...

Editorial

No substitute for face-to-face

While a recent Money Management/Association of Financial Advisers thought leadership breakfast traversed the manner in which FOFA has accelerated the penetration of techn...