FOFA
Financial planning
ASIC has been told its class order relief on intra-fund advice might have been better used if it had been available to related entities....
Financial planning
Guardian has begun offering free risk-based statements of advice to its financial planners using an in-house paraplanning service....
People & Products
ClearView has added five-adviser practice Lambert Investments to its network....
Financial planning
ASFA urges better clarity on FOFA legislation to ensure planners are not exposed to vexatious litigation over scaled advice and best interests....
Superannuation
At the same time as ramping up its television advertising, the Industry Super Network has relied on its own chief economist to produce research questioning the returns de...
Policy & Regulation
While the majority of self managed superannuation fund (SMSF) professionals believe the proposed Future of Financial Advice (FOFA) changes will improve the standard of fi...
Financial planning
Up to 70 per cent of financial planners have reported approaches by a rival dealer group to switch licensees in the past 12 months, according to a Midwinter survey....
Financial planning
Patron Financial Advice has opposed a Financial Services Council proposal to introduce a binding standard for insurance business, saying it would restrict consumer choice...
Editorial
Non-aligned dealer group executives have long been warning that the new Future of Financial Advice reforms would lead to consolidation in the financial advice market. Geo...
Editorial
Despite some media reports to the contrary, Mike Taylor writes that the top 20 licensees in the financial planning industry emerged in reasonable shape from ASIC’s review...
Editorial
Putting aside the increasingly open question of whether the Gillard Labor Government will remain in power long enough to oversee the implementation of its Future of Finan...
Financial planning
Choice’s view that the quality of financial advice in Australia is "among the worst" is not the fault of financial planners but the industry as a whole, according to Omni...
Superannuation
The Government's Stronger Super package imposes opt-out arrangements on consolidation of multiple superannuation accounts....
Policy & Regulation
The FPA has expressed concern that lack of clarity in the FOFA legislation could undermine practice valuations....
Financial planning
The Industry Super Network (ISN) has called for "watertight" consumer protection requirements to guard against future financial planning "scandals"....
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...