FOFA

Policy & Regulation

Rubik Financial managing director Wayne Wilson says the fourth version of COIN is ready for the Future of Financial Advice (FOFA) reforms....

Financial planning

FOFA - a 'grimm' tale for financial planners

Being a financial planner feels like living a fairy tale, but perhaps one written by the Brothers Grimm. Bryan Ashenden tells a story about Jack and Jill, two advisers wh...

Financial planning

Asgard’s Infinity passes $2 billion FUM

Asgard’s Infinity eWRAP reached a milestone this week – passing $2 billion in funds under management....

Financial planning

YBR boosts revenue but expenses drive loss

Yellow Brick Road has increased its overall revenue but high operating costs have led to a $6.83 million net loss before tax....

Financial planning

FOFA creates new playing field for platforms

FOFA has radically altered the dynamics of financial planning platforms, generating new approaches across the industry and between platform providers....

Life/Risk

Risk advisers facing an opt-in dilemma

The opt-in requirement will touch the day-to-day operations of risk advisers who have switched to some form of fee remuneration model, writes Sue Laing....

Editorial

FOFA timetable leaves no margin for error

ASIC has been handed a mammoth task in delivering FOFA, underscoring the tiny window available to the financial services industry to prepare for the new regulatory regime...

Financial planning

Scaled advice providers to tweak their web-based offering

Early adopters of scaled advice technologies and services may have to rethink their offering as the FOFA reforms move closer to their start date....

Editorial

Why financial advisers must learn to speak their clients' language

Gloomy headlines have at least played a part in creating financial anxiety among Australian investors. Tim Browne explains why it’s important for financial advisers to us...

Editorial

Accounting services business helps Fiducian result

Diversified financial services group Fiducian Portfolio Services has acquired three small financial planning practices and is focused on acquiring accounting practices, d...

Financial planning

Five regrettable reasons to delay FOFA implementation

Anthony James and Jim Boynton explain why financial planners shouldn’t delay their FOFA implementation....

Financial planning

Time to wean part-time financial planners off trails

Participants of a Money Management roundtable agree there are too many part-time financial planners living off large books of trailing commissions....

Financial planning

FMD Financial acquires two financial planning firms

Melbourne-based financial planning business FMD Financial has acquired two advisory firms - Investwell Financial Planning and Financial Lifestyle Managers....

Financial planning

BT launches website to keep financial advisers in the loop

With legislative change sweeping across the financial services industry, BT Financial Group has launched a website designed to keep advisers up to date with the latest po...

Policy & Regulation

Getting on top of FOFA: learn from the UK

Learning from the lessons of similar reform in the United Kingdom, Australian financial advisers need to ensure adequate standards and controls are in place ahead of the ...