future of financial advice

Superannuation

Govt bans super risk commissions, imposes two year opt-in

The Federal Government’s Future of Financial Advice reforms have banned all risk commissions in super and volume rebates at the same time as imposing a two-year opt-in on...

Financial planning

FOFA reforms: are financial planners the biggest losers?

Money Management recently hosted a roundtable about the effects of the Government’s proposed Future of Financial Advice reforms. The key concern of those present wa...

Editorial

Are industry super funds playing with a stacked deck?

Perceptions exist that the industry super funds have succeeded in having the Government stack the cards against financial planners. Mike Taylor writes it is up to the Ass...

Financial planning

Planners warned about 'churn'

Suncorp chief executive warns of negative consumer impact of 'churn'....

Editorial

Going back to the basics of financial planning

As the Government considers the way forward on the Future of Financial Advice reforms, Money Management publishes the following open letter written by a senior Melbourne ...

Financial planning

Year-end tax strategies: talking tax with clients

Tax is an integral part of a client's financial affairs - particularly in relation to superannuation - so financial advisers need to regularly discuss it with clients. Ja...

Editorial

Refining the financial services reforms

In its pre-Budget submission to the Federal Government, the Financial Planning Association called on the Government to implement a range of initiatives to support the cur...

Financial planning

ASIC unilaterally urges against asset-based fees

Concerns have been raised about ASIC appearing to unilaterally urge consumers away from asset-based fees....

Accounting

NIA members vote to become Public Accountants

National Institute of Accountants members vote overwhelmingly to change names and embrace 'Public Accountant' designation....

Life/Risk

Insurance advice 'different'

Treasury looks at different rules for insurance and investment advice....

Financial planning

Glimmer of hope for volume rebates

Some volume rebates may survive the Federal Government’s Future of Financial Advice reforms....

Policy & Regulation

NIA launches FOFA assistance for members

The National Institute of Accountants (NIA) has launched an assistance program focused on the proposed Future of Financial Advice reforms, which the association says will...

Editorial

FOFA: Opening Pandora's box

Mike Taylor reports that the former chief justice of the High Court, Sir Anthony Mason, has pointed to the legislative challenges facing the Government in delivering an e...

Superannuation

Superannuation: Choosing the right path

The superannuation market offers more choice than ever for consumers looking to build a retirement nest egg, but exercising the right strategies can make a world of diffe...