FOFA

Financial planning

Financial planning groups are restructuring salary models to make sure their planners are rewarded after the ban on commissions officially comes in on 1 July 2013....

Policy & Regulation

The regulator has confirmed scaled advice can be provided under best interests duties outlined in Future of Financial Advice changes....

Editorial

Even the strongest of client relationships can be tested when returns are weak. As Tom Reddacliff explains, long-term relationships between financial planners and their c...

Financial planning

Financial planners and their clients have to supplant platform providers and fund managers as the price setters in the advice equation, according to Colonial First State ...

Policy & Regulation

The Minister for Financial Services, Bill Shorten, has predicted that few of the financial services reforms implemented by the Gillard Government will be amended or repea...

Policy & Regulation

The Federal Opposition has declared it will move quickly to repeal the worst elements of the Future of Financial Advice regime....

Policy & Regulation

Australia's two financial services regulators have acknowledged the level of stress and uncertainty being experienced by financial services companies as a result of the G...

Policy & Regulation

FSC chairman Peter Maher has raised concerns about the industry's ability to comply with FOFA and MySuper in the available deadlines when definitions are still not availa...

Editorial

Mike Taylor writes that the reputational damage often suffered by the financial planning industry might be substantially reduced if regulators and the media were a little...

Policy & Regulation

A Money Management roundtable has identified a key consequence of opt-in - orphan clients....

Policy & Regulation

Some question the background of key ASIC personnel handling FOFA regulatory development....

Policy & Regulation

Opposition spokesman on Financial Services Mathias Cormann has suggested the dealer group consolidation being driven by FOFA reforms is not entirely unintentional....

Editorial

Money Management’s Top 100 Dealer Group data has underscored the re-emergence of institutions as the dominant force in Australian financial planning....

Top 100

Many significant players in the dealer group sector have reduced their financial planner numbers, though the industry remains optimistic....

Top 100

Consolidation is changing the face of the financial planning dealer group sector before our eyes, while small-to-medium players continue to struggle....

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 1 week ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

1 week ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

2 weeks 2 days ago

A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....

3 weeks ago
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