Industry fund chief executive wants banks and AMP to abide by a best interest duty when providing super via employers....
Clive Palmer believes Future of Financial Advice (FOFA) laws have overlooked superannuation funds, expressing fears that the protection of industry super fund members cou...
The major financial planning groups and companies are continuing to lobby for FOFA changes, but planners are being urged to accept the law as it currently stands....
Financial planners are being urged to take a ‘financial services oath’ to uphold integrity in the profession, by the Australian Labor Party....
The back and forth nature of the Future of Financial Advice (FOFA) amendments are likely to cause consumers to put off seeking financial planning advice costing them abou...
Industry organisations have applauded parliament’s restoration of the grandfathering provision in the latest round of the FOFA reforms, claiming it overturned a rule that...
Labor will support Govt FOFA changes on grandfathering and other key elements....
Planners are accused of hanging on to horse and cart in their resistance to FOFA changes....
New research has revealed planning profits were being eroded by FOFA well before the Senate’s disallowance of the Government’s changes....
Finance Minister, Senator Mathias Cormann says the Government remains committed to its FOFA changes....
The actions of one senator reversing their support for the Government’s Future of Financial Advice (FOFA) reforms will undermine competition in the advice sector, Synchro...
FOFA reforms as they stand push affordable advice further out of reach without addressing consumer protection, academic says. ...
Advisers can still move between licensees and retain trail commissions if licensees agree to act as ‘a good corporate citizen’ and pay advisers no longer in their group....
Labor’s move to block the Government’s FOFA reforms will stifle the financial services industry and could render it a basket case on the international stage, a legal expe...
The disallowance of the Future of Financial Advice amendments may hurt consumers who will not be able to access scaled advice and may be forced to change to less suitable...
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...