future of financial advice

Financial planning

Investor satisfaction with financial advisers hits a seven-year high, with planners rated highly on trust, technical ability and performance. ...

Policy & Regulation

Will FOFA changes undermine intrafund advice?

Actuarial consultancy Rice Warner expresses concern that proposed FOFA changes will undermine the delivery of intrafund advice....

Policy & Regulation

Whiteley calls for FOFA consensus

ISA chief executive David Whiteley calls for Government’s pause to be used to develop constructive consensus on FOFA....

Financial planning

Vertically integrated advice vs self-licensing and non-aligned advice

Milana Pokrajac examines the advantages and disadvantages of vertically integrated advice compared to self-licensing and non-aligned advice....

Financial planning

Moving FOFA forward - protecting the interests of consumers and planners

Despite the best intentions, the FOFA reforms constrained quality advice and left little wriggle room for planners wanting to expand their experience, writes Rob Caprioli...

Policy & Regulation

Industry welcomes FOFA amendments

Several financial services industry bodies throw support behind FOFA amendments tabled in Parliament yesterday. ...

Financial planning

Planners watch Sinodinos ICAC events

Planners watch events in ICAC and hope they do not impact pace of FOFA changes....

Financial planning

Centrepoint to offer licensing service to institutional planners

Centrepoint Alliance to assist planners gain their own licence and secure PI cover ...

Policy & Regulation

Sinodinos says ASIC will monitor FOFA changes

The Assistant Treasurer, Senator Arthur Sinodinos, says ASIC will monitor FOFA changes to ensure they are meeting their objectives....

Policy & Regulation

FOFA regulatory changes nearly ready

The Assistant Treasurer, Senator Arthur Sinodinos, says the regulatory changes to FOFA will be ready by the end of this month....

Policy & Regulation

ASIC seeks to side-step FOFA controversy

ASIC has sidestepped claims that FOFA amendments were a negative step and its enforcement approach allowed advisers a free hand....

Superannuation

ISA relaunches Compare the Pair campaign

The relaunch comes with the prospect of allowing sales commissions back into financial advice, ISA says. ...

Financial planning

Planning needs further culture change

Greg Medcraft says financial planning needs to undergo further cultural change, as the sector remains one of the riskiest regulated by ASIC. ...

Financial planning

Best interests enshrined in common law

Former High Court judge Sir Anthony Mason dismisses suggestions FOFA changes will compromise best interests. ...

Financial planning

What makes a limited AFSL so appealing to accountants?

Touted as the next frontier for accountants, Limited Australian Financial Service Licences (AFSLs) are starting to gain traction with planners too. But what makes them so...