FOFA

Financial planning

Risk-focused financial advisers 'moderately optimistic'

Risk-focused financial advisers remain optimistic about the outlook for themselves and their practices despite the changes facing the industry, according to a Zurich Fina...

Financial planning

New head of adviser services at Wealth Today

Wealth Today has announced the appointment of Bob Scherini as head of adviser services....

Policy & Regulation

Financial advice to double after FOFA: ISN

The number of Australians receiving financial advice will double under the FOFA reforms while the number of advisers will remain stable, according to research commissione...

Policy & Regulation

Financial planning industry vigilant on FOFA bill timing

The financial planning industry is remaining vigilant despite Government assurances on FOFA bills' debate timing....

Editorial

FOFA - the final countdown

Three years have passed since the start of initial talks about the FOFA changes. The debate rolls on, but the financial services industry has received little clarity and ...

Policy & Regulation

Government moves to debate FOFA bill ahead of PJC report

The Opposition will seek the support of the Independents to prevent the Government debating FOFA ahead of the PJC findings....

Policy & Regulation

FOFA's unintended consequence on superannuation advice

FOFA's approach to financial advice delivered by superannuation funds could result in conflicting decisions on disputes in different jurisdictions....

Policy & Regulation

FOFA to trigger 35,000 job losses, says Richard Klipin

As many as 35,000 people in the financial advice industry will lose their jobs if the proposed FOFA reforms go ahead without amendment, according to the Association of Fi...

Financial planning

Retrospective fee disclosure no surprise, says CHOICE

CHOICE chair Jenni Mack has dismissed claims by the Opposition that the imposition of an annual fee disclosure statement came as a complete surprise to the industry....

Policy & Regulation

Material differences between FOFA policy and delivery

ASFA has pointed to "material differences" between what the Government has promised on FOFA and what is contained in its draft legislation....

Financial planning

Retrospective fee disclosure no surprise, says CHOICE

CHOICE chair Jenni Mack has dismissed claims by the Opposition that the imposition of an annual fee disclosure statement came as a complete surprise to the industry....

Financial planning

Financial planners look to diversify revenue

Financial planning businesses are increasingly looking to diversify their revenue streams in an attempt to secure their business models in the face of looming Future of F...

Financial planning

FOFA to drive online technology demand, says Provisio

Provisio has forecast that the demand for online financial advice technologies is set to surge as the industry grapples with ways to lower the cost of delivering advice i...

Financial planning

ASIC warned to stay independent

ASIC has been placed on notice to adopt a more independent stance in the wake of the regulator having presented a Parliamentary Joint Committee (PJC) with preliminary dat...