Financial planning dealer groups and practice principals are rethinking staff incentivisation packages in light of the Future of Financial Advice (FOFA) reforms, although...
The Government has launched a website dedicated to helping consumers better understand and manage their finances....
It has become self-evident that either directly or indirectly, opt-in is going to drive up the cost of financial advice for many Australian consumers, writes Mike Taylor....
Some volume rebates may survive the Federal Government’s Future of Financial Advice reforms....
Amendments to the National Consumer Credit Protection Act 2009 will give effect to some of the reforms announced as part of the Government’s Fairer, Simpler Banking...
Mike Taylor writes that the recent Industry Super Network-commissioned surveys about opt-in only serve to distract attention from the reality of the changes: they will in...
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...
The Association of Superannuation Funds of Australia (ASFA) has appointed a new director of government relations and strategy, with Gordon Noble poised to take on the rol...
Treasury officials acknowledge cost to planning practices of opt-in....
The Federal Treasury appears to have left open the question of a statutory compensation scheme covering financial planners, with a review due for completion in January st...
Gearing in self-managed super funds (SMSFs) is one of the most confusing issues for advisers, and the Queensland floods could highlight the need for legislative change, a...
Australian Ethical chair Naomi Edwards is retiring to focus on environmental and conservation activities....
The ATO says it has done as much as it can with respect to excess super contributions and the matter now resides with the Government and Treasury...
A Money Management survey has suggested the cost of opt-in will not be cheap and it will be carried by clients....
The Assistant Treasurer, Bill Shorten, faces the prospect of some serious horse-trading in both houses of Parliament to get the financial advice 'opt in' legislation pass...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...