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FOFA
Policy & Regulation
The Financial Services Council has warned the PJC that FOFA will fail in its core objective - making financial advice more affordable....
Policy & Regulation
The FPA has expressed concern at the FOFA process and how certain decisions such as those imposing fee disclosure and opt-in were made....
Policy & Regulation
Amendments are needed to the Government's Future of Financial Advice (FOFA) legislation to enable financial advisers to appropriately deliver scaled advice, according to ...
Financial planning
New Financial Services Partners (FSP) chief executive officer Charles Smith has set the pace for the firm for 2012, touting business protection and growth, new dealer gro...
Policy & Regulation
The Federal Opposition urges financial services stakeholders to fully reveal FOFA flaws to this week's PJC hearings while, at the same time, calling for a substantial del...
Financial planning
New Financial Services Partners (FSP) chief executive officer Charles Smith has set the pace for the firm for 2012, touting business protection and growth, new dealer gro...
Policy & Regulation
The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...
Policy & Regulation
Professional Investment Services has warned of PI inconsistencies in the FOFA legislation best interests provisions....
Financial planning
The FOFA reforms well and truly dominated the financial planning industry during 2011 and the year ahead looks set to bring more of the same, writes Nicolette Rubinsztein...
Editorial
Bill Shorten's mega-portfolio combining workplace relations with financial services will create a complex dynamic if the Government is to act appropriately on any Product...
Editorial
If the parliamentarians involved in the Parliamentary Joint Committee reviewing the FOFA bills put aside their political affiliations then they will back some key amendme...
Financial planning
While industry bodies support the Government's proposed regulatory amendments to accelerate the wind-up of so-called 'phoenix' companies and claim the issue is not a majo...
Financial planning
There is plenty of demand in the market for quality financial planning businesses, as well as an increasing number of enquiries from those looking to sell in preparation ...
Financial planning
Russell Investments has this week trumpeted the fact that, for a second year in a row, its multi-manager funds have been accorded a 'highly recommended' rating by ratings...
Policy & Regulation
The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...