FOFA

Editorial

Financial planning trail commissions in a post-FOFA world

Mike Taylor writes that the sale of client books entailing trailing commissions will look utterly incongruous in a post-FOFA world unless financial planners are actively ...

Financial planning

Financial planners told to make FOFA irrelevant

Securitor's Matt Englund urges financial planners to make FOFA irrelevant by having the correct systems in place....

Policy & Regulation

FOFA carve-out for time share commissions

The Government has agreed to a FOFA carve-out for commissions paid on time share sales....

Funds management

SFG joins with CFS to enhance Snowball originated services

SFG Australia launches new managed discretionary account products into allied groups - Shadforth, Outlook and Western Pacific....

Editorial

Protecting investors from themselves

An Australian Crime Commission report into investment scams has underscored the role financial planners have in protecting investors from themselves....

Editorial

Is it the end of the dealer group as we know it?

Mike Taylor asks whether the formation of BT Select and the continuing competition between BT and Count Financial reflect the end of the current dealer group model....

Financial planning

Financial planning boutiques move to outsource admin

Boutique financial planning practices can increase their efficiency and save money by moving their administration overseas, according to JC Consulting managing director J...

Financial planning

WHK reshuffles management structure

Following a number of staff departures since the start of the year, accounting firm WHK Group has made changes to its management structure....

Editorial

Uncertainty besets financial services as Government rushes reforms

Rushed financial services reforms such as FOFA and Stronger Super are exacting a heavy toll on financial planners and superannuation funds....

Financial planning

Transition payments can be 'quite reasonable'

The debate about so-called 'transition payments' being paid to planners is 'a little overhyped', according to financial planning consultant Wayne Wilson....

Superannuation

My Adviser launches specialist authority

On the back of changes announced as part of the FOFA guidelines, My Adviser has announced the launch of a specialist authority to enable accountants to continue to recomm...

Financial planning

Life/risk churn not systemic, claims AFA

The Association of Financial Advisers has warned against going too far to address churn when it is not systemic, and only a few advisers are guilty....

Editorial

Growth in financial services recruitment defies market gloom

Bela Moore and Andrew Tsanadis find some pockets of the financial services industry are hiring while others have brought their recruitment activities to a halt....

Policy & Regulation

AFA to establish FOFA implementation group

Association of Financial Advisers looks to take facilitative approach on implementation of the Future of Financial Advice regulations....

Policy & Regulation

Planner fee models need to be FOFA ready

Elixir Consulting has urged financial planners not to leave it too late to remodel their pricing structures before Future of Financial Advice changes come into effect....