The FPA claims 10 point plan is validated in the findings of the Senate Committee reviewing the performance of ASIC....
Government Senator, David Bushby, has issued a dissenting report arguing a royal commission is unnecessary...
ASIC should be subject to regular reviews while FOS should move to a higher award regime...
Senate Committee recommends higher education, professional association membership and enshrinement of ‘financial planner’ in report on ASIC performance...
ASIC should be given the power to immediately suspend financial planners who it suspects have engaged in misconduct according to Senate Committee....
The Senate Committee reviewing the performance of ASIC has recommended a royal commission into the Commonwealth Financial Planning debacle....
The draft Tax Agent Services Act regulations have proposed waiving tax and commercial law course requirements for financial planners with relevant experience....
Inaugural Gwen Fletcher Memorial Award winner, Erin Shields, plans to continue along the path by the late ‘First Lady of financial planning’....
The planning industry has welcomed the Government’s FOFA changes most of which will be imposed via regulation but which include a tougher approach to conflicted remunerat...
The Federal Government has moved to impose much of its FOFA changes by almost immediate regulation but with significant tightening around conflicted remuneration....
The AFA is not surprised by the report of the Parliamentary Committee on the FOFA amendments but wants the line held on product advice....
The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....
Restoring the reputation of financial planners could depend on a co-regulatory model, where the industry sets and monitors its own scrupulous standards, the FPA says. ...
Providing regulatory backing for the separation of product sales from advice should be welcomed by the broader financial planning community....
The Minister for Finance and acting Assistant Treasurer, Senator Mathias Cormann has cautioned against a one size fits all approach to the advice regulatory settings....
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...