FOFA

Policy & Regulation

Mathias Cormann pays tribute to AFA and reiterates FOFA opposition

Opposition Financial Services spokesman Mathias Cormann has paid credit to the Association of Financial Advisers's role in FOFA negotiations and reiterated his opposition...

Superannuation

Govt urged to delay MySuper implementation

The same timing problems which impacted FOFA are now impacting MySuper....

Financial planning

Young financial planners "only see upside" with C&D clients

Younger financial planners are snapping up C & D client lists from established practices and treating them as a referral source, according to NAB Financial Planner Bankin...

Editorial

Removing the accountants' exemption

The industry is still waiting on an announcement from the Government following the decision to remove the accountants' exemption on providing advice on SMSFs as part of F...

Editorial

FOFA - signed, sealed ... delivered?

With the FOFA, Stronger Super and MySuper reforms finally taking shape, the financial services industry has a clearer picture of what the future holds, writes Chris Kenne...

Financial planning

Shadforth developing C and D client offering

Shadforth Financial Group is in talks with platform providers and fund managers to offer low-cost enhanced asset class (EAC) investment options to low-value clients....

Editorial

FOFA alone won’t stop another Trio Capital

With the Parliamentary Joint Committee on Corporations and Financial Services having last week handed down its final report on the collapse of Trio Capital, it is worth r...

Policy & Regulation

New FOFA regs clarify grandfathering and fees

New draft Future of Financial Advice regulations released yesterday by Treasury clarify grandfathering arrangements, fee arrangements and conflicted remuneration....

Financial planning

Financial advisers need to get 'back to business'

Financial advisers must better communicate the message of Australia's strong financials and get back to the business of providing quality education and understanding to c...

Financial planning

Mathias Cormann and Arthur Sinodinis to address Friday luncheon

Two of the Coalition's most senior senators, Mathias Cormann and Arthur Sinodinos, will on Friday outline the Federal Opposition's policy approaches at an Association of ...

Financial planning

Financial Services Council Conference early bird offer

Minister for Financial Services Bill Shorten and regulators to address Financial Services Council's August national conference on the Gold Coast....

Policy & Regulation

Grandfathering safe under FOFA

The newly released draft FOFA regulations indicate all financial contracts entered into prior to the application date of new regulations will be grandfathered....

Financial planning

AIA Australia facilitates insurance within superannuation approach

AIA Australia launches product changes which help financial planners deliver insurance within superannuation....

Financial planning

CFP delivers FPA an advantage

AMPFS boss says the Financial Planning Association's control of CFP designation hands it an advantage....

Editorial

FOFA - the devil will be in the detail

Until the final wording of the Future of Financial Advice legislation is released, it is impossible to assess what the opt-in agreements have actually achieved for financ...