FOFA

Editorial

The Government's FOFA legislation will undoubtedly change some of the relationships which exist between planners and their clients but, as Sonnie Bailey writes, underlyin...

image
Financial planning

Neither financial advisers nor investors have been particularly interested in structured products over the past few years and the sector has significantly shrunk since th...

image
Editorial

Something became very clear when Money Management recently conducted a roundtable focusing on the Future of Financial Advice (FOFA) legislation tabled in the Parliament e...

image
Editorial

While many in the financial planning industry support the broad, original thrust of the Future of Financial Advice changes, Mike Taylor writes that the manner of their in...

image
Financial planning

The industry needs to turn its lobbying focus back towards educating consumers about the dangers of underinsurance, according to CommInsure's Tim Browne....

image
Financial planning

The expectation of a change in Government and consequent changes to the Future of Financial Advice (FOFA) legislation has created serious uncertainty and prompted at leas...

image
Superannuation

The Opposition is not trying to wage a war against industry superannuation funds, but the FOFA bill has to be fair across the entire industry, said Shadow Minister for Fi...

image
Financial planning

Key regulators have admitted that deliberate financial services fraud is hard to stop with or without regulatory changes....

image
Policy & Regulation

The financial planning industry needs to remove all perceived conflicts of interest before it can be seen as a trusted profession, according to chartered accountant and f...

image
Financial planning

The ISN has used an ASIC report that found around 90 per cent of income of the top 20 licensees is paid by product providers to reiterate calls for key elements of the FO...

image
Financial planning

Opt-in and best-interest reforms are a waste of time and a cost burden, according to Alexis Compliance and Risk Solutions director Christina Kalantzis....

image
Financial planning

The Government must remove a number of structural, regulatory and political issues that must be resolved before the $1.3 trillion in superannuation saving can be utilised...

Superannuation

Assistant Treasurer Bill Shorten has been accused of protecting industry superannuation funds and handing them an edge in the provision of financial advice....

image
Policy & Regulation

A Money Management roundtable reveals consensus around rising cost of FOFA and the influence of Industry Super Network....

image
Policy & Regulation

The Federal Opposition claims the Government's FOFA bill breaches its own best practice with respect to regulatory impact....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 5 days ago