FOFA

Superannuation

Morningstar to research industry super funds

Morningstar has launched fund analyst research on Australian industry superannuation funds, which it said would provide an independent insight into this sector....

Financial planning

More needs to be done to lower financial advice fees

The rise of scaled advice and fee-for-service models ahead of the start of the Future of Financial Advice legislation has made the need to lower advice costs even more im...

Editorial

ASIC moves to undo some of the FOFA excesses

The approach ASIC has signaled it will adopt to scaled advice and the best interests duty is a welcome development for financial planning industry....

Financial planning

Financial advisers questioning practice ownership

With remuneration models under scrutiny in the face of significant regulatory overhaul such as the removal of volume rebates due to Future of Financial Advice reforms, ad...

Financial planning

How much is a financial adviser’s independence worth?

John Hewison believes the financial planning industry cannot move much forward until the link between product and advice is broken....

Financial planning

FPA launches new consumer website

The Financial Planning Association has launched a new consumer website called FPA Difference as part of Financial Planning Week, which ends this coming Sunday....

Policy & Regulation

Reasons to delay FOFA implementation don't stack up

Despite FOFA reforms now being imminent, there are several regrettable reasons many businesses are using to delay addressing the changes, according to a paper from PwC an...

Policy & Regulation

AMP results highlight FOFA shortfalls: Cormann

One-off expenses AMP estimates it will incur dealing with regulated changes highlight the need to have performed a regulatory impact assessment on FOFA, according to Sena...

Financial planning

Accounting bodies risk planning exodus

Australia's three professional accounting bodies are in danger of losing members heavily engaged in the financial planning industry over new standards being proposed by t...

Financial planning

CommCentral launches adviser revenue management software

CommCentral has launched new software which manages different adviser remuneration models combined with inbuilt FOFA rules....

Editorial

The everlasting debate

Timing is everything – and savvy investors are exploring the industry’s intricacies before dishing the dosh to active managers to get results. Janine Mace adjudicates. ...

Editorial

It all adds up

Markets are still riding rocky terrain, and investors aiming to cut costs on fees are steering their assets towards index funds. Janine Mace reports. ...

Policy & Regulation

No difference in treatment of scaled and holistic advice

ASIC signals it will apply the same rules to both scaled and holistic advice....

Financial planning

Succession planning top concern for non-bank advisers

Succession planning is the number one concern for financial advisers in ANZ's non-bank channels, according to ANZ general manager, advice and distribution Paul Barrett....