FOFA

Policy & Regulation

The finance industry has found itself in a similar situation to the financial planning industry around the Government's handling of new legislation....

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Editorial

The recent announcement by Federal Treasurer Wayne Swan that he had convened a Superannuation Roundtable seems to thoroughly misunderstand the consequences that go with c...

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Editorial

Although the process involving the upcoming FOFA reforms commenced a few years ago, the reforms package still looks like an unsolved jigsaw puzzle, writes Pam Roberts....

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Policy & Regulation

The Coalition remains hopeful the PJC can deliver a bipartisan report on the FOFA bills, but stands ready to issue a dissenting report and to pursue amendments, particula...

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Editorial

The financial services industry is slowly losing its recruitment drive as economic and regulatory uncertainties linger. However, while some find it difficult to grow, oth...

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Editorial

It became apparent during the Parliamentary Joint Committee hearings held to review the Future of Financial Advice (FOFA) bills that the legislation requires significant ...

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Editorial

An almost inevitable consequence of the Commonwealth Bank's acquisition of Count Financial is that some of Count's financial planners have signalled they feel uncomfortab...

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Accounting

After months of negotiations, the Federal Government is likely to replace the so-called 'accountant's exemption' with a limited, non-product licensing regime....

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Financial planning

The Financial Planning Association (FPA) has warned of the hypocrisy of allowing superannuation funds to bundle scaled financial advice costs into an over-arching adminis...

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Financial planning

It is up to the financial planning industry to actively lift its standards regardless of what arises out of the FOFA legislation, according to Association of Financial Ad...

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Policy & Regulation

The Opposition is demanding the Government reveal the costs and benefits of its FOFA legislation....

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Financial planning

The Financial Planning Association (FPA) and Association of Financial Advisers (AFA) question the validity of research commissioned by a party with a vested interest....

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Editorial

Mike Taylor reports that the likelihood of a bipartisan report and meaningful amendments emerging from the Parliamentary Joint Committee reviewing the FOFA bills is becom...

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Financial planning

The Financial Planning Association (FPA) and Association of Financial Advisers (AFA) question the validity of research commissioned by a party with a vested interest....

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Superannuation

Mercer has expressed concern that the Government has adopted a tranche approach to its Stronger Super legislation....

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