PARLIAMENTARY JOINT COMMITTEE

Financial planning

ASIC has released highly preliminary figures from its financial planning shadow shop exercise at the Parliamentary Joint Committee (PJC) hearing, having given only 24 hou...

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Policy & Regulation

ASFA does not support further delays to the implementation of the FOFA reforms while a regulatory impact study is completed....

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Financial planning

ASIC's use of preliminary financial planning shadow shopping data during PJC evidence earns Coalition rebuke....

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Financial planning

ASIC has released highly preliminary figures from its financial planning shadow shop exercise at the Parliamentary Joint Committee (PJC) hearing, having given only 24 hou...

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Financial planning

The Corporate Superannuation Specialists Association has cited research backing its concerns around the provision of financial advice in MySuper funds....

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Policy & Regulation

The Financial Services Council has warned the PJC that FOFA will fail in its core objective - making financial advice more affordable....

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Policy & Regulation

The FPA has expressed concern at the FOFA process and how certain decisions such as those imposing fee disclosure and opt-in were made....

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Policy & Regulation

Amendments are needed to the Government's Future of Financial Advice (FOFA) legislation to enable financial advisers to appropriately deliver scaled advice, according to ...

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Policy & Regulation

The Federal Opposition urges financial services stakeholders to fully reveal FOFA flaws to this week's PJC hearings while, at the same time, calling for a substantial del...

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Policy & Regulation

The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...

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Policy & Regulation

Professional Investment Services has warned of PI inconsistencies in the FOFA legislation best interests provisions....

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Financial planning

The FOFA reforms well and truly dominated the financial planning industry during 2011 and the year ahead looks set to bring more of the same, writes Nicolette Rubinsztein...

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Editorial

Bill Shorten's mega-portfolio combining workplace relations with financial services will create a complex dynamic if the Government is to act appropriately on any Product...

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Editorial

If the parliamentarians involved in the Parliamentary Joint Committee reviewing the FOFA bills put aside their political affiliations then they will back some key amendme...

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Policy & Regulation

The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 1 week ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks 2 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

2 weeks 1 day ago

One licensee has lost 27 advisers in the past week, now sitting at zero, according to the latest Wealth Data figures....

3 weeks 2 days ago