FOFA

Financial planning

Sales remains a dominant factor in financial planning recruitment, according to both recruitment experts and research undertaken by Money Management into the core criteri...

Policy & Regulation

FOFA's fundamental shift to favour instos

The Government's proposed Future of Financial Advice (FOFA) reforms are likely to cause a fundamental restructuring of the financial advice sector, with larger institutio...

Policy & Regulation

Valuations head down on FOFA worries

The policy uncertainty surrounding the Federal Government's proposed Future of Financial Advice changes appear to have contributed to wiping up to 15 per cent off the val...

Editorial

FOFA debate hurting share prices

The share prices of Australia’s major publicly listed financial planning groups have been trending down for most of the past 14 months and, as Mike Taylor reports, at lea...

Editorial

FOFA uncertainty erodes practice values

With the recent one-year anniversary of Julia Gillard toppling Kevin Rudd as Prime Minister and leader of the Federal Parliamentary Labor Party, the Australian financial ...

Editorial

FOFA doing more harm than good?

Andrew Bailo takes a look at the issues arising from the Future of Financial Advice reforms, and concludes that the harmful changes outweigh the beneficial ones....

Financial planning

Shorten not convinced of negative opt-in impact

Financial Services Minister Bill Shorten has told financial planners they haven't managed to convince him the introduction of a two-year opt-in requirement would "beat th...

Policy & Regulation

Legally challenge FOFA, says planning principal

Victorian practice principal Brian Handley says FOFA must be subjected to legal challenge....

Policy & Regulation

Reader survey on FOFA challenge

Please complete our short survey on what readers think of a legal challenge to FOFA....

Financial planning

Adviser voices heard in Canberra

The AFA's grassroots campaign to lobby politicians over their concerns relating to the Governments FOFA reforms is working, according to the AFA....

Editorial

Sectional groups signpost FOFA changes

Recent reports suggesting that a group made up of industry funds, consumer groups and trade unions was ready to drop support for ‘opt-in’ if planners agreed to no longer ...

Editorial

Changing Tower for the better

Jim Minto reflects on the recent delisting of Tower Australia, and what it will mean for the company....

Superannuation

Super funds ask for levy exemption

Regulated superannuation funds are increasingly being seen as a 'honey pot' and should largely be excluded from the Government's proposed compensation levy system, accord...

Financial planning

Synchron rallies against 'socialist' agenda

Synchron is encouraging its advisers to lobby politicians against the FOFA reforms, which it says pander to the 'socialist' union super fund movement....

Policy & Regulation

Asteron creates FOFA 'lobby pack' for advisers

Life insurance provider Asteron has created a Future of Financial Advice (FOFA) 'lobby pack', which teaches the company's adviser network how to lobby their members of pa...