FPA

Financial planning

The FPA claims 10 point plan is validated in the findings of the Senate Committee reviewing the performance of ASIC....

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Financial planning

Government Senator, David Bushby, has issued a dissenting report arguing a royal commission is unnecessary...

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Financial planning

ASIC should be subject to regular reviews while FOS should move to a higher award regime...

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Financial planning

Senate Committee recommends higher education, professional association membership and enshrinement of ‘financial planner’ in report on ASIC performance...

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Financial planning

ASIC should be given the power to immediately suspend financial planners who it suspects have engaged in misconduct according to Senate Committee....

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Financial planning

The Senate Committee reviewing the performance of ASIC has recommended a royal commission into the Commonwealth Financial Planning debacle....

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Financial planning

The draft Tax Agent Services Act regulations have proposed waiving tax and commercial law course requirements for financial planners with relevant experience....

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Financial planning

Inaugural Gwen Fletcher Memorial Award winner, Erin Shields, plans to continue along the path by the late ‘First Lady of financial planning’....

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Policy & Regulation

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...

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Policy & Regulation

The Federal Government has moved to impose much of its FOFA changes by almost immediate regulation but with significant tightening around conflicted remuneration....

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Policy & Regulation

The AFA is not surprised by the report of the Parliamentary Committee on the FOFA amendments but wants the line held on product advice....

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Financial planning

The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....

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Financial planning

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. ...

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Editorial

Providing regulatory backing for the separation of product sales from advice should be welcomed by the broader financial planning community....

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Financial planning

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....

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