The Financial Services Council has warned the PJC that FOFA will fail in its core objective - making financial advice more affordable....
The FPA has expressed concern at the FOFA process and how certain decisions such as those imposing fee disclosure and opt-in were made....
Amendments are needed to the Government's Future of Financial Advice (FOFA) legislation to enable financial advisers to appropriately deliver scaled advice, according to ...
Defined benefit default funds outperformed defined contribution default funds by over half a per cent per year over the past 15 years with less volatility, according to g...
While the allocation to cash has become more popular among self-managed superannuation fund (SMSF) trustees, so too has the interest in property signalled a growing trend...
The need to project the image of professionalism in the industry will present a continuing challenge for financial planners in the future, according to a white paper rele...
New Financial Services Partners (FSP) chief executive officer Charles Smith has set the pace for the firm for 2012, touting business protection and growth, new dealer gro...
The Federal Opposition says the Productivity Commission's review of default funds under modern awards need not take all year and that the MySuper legislation should be am...
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...
Contribution caps help widen the gender gap in retirement savings as they do not allow women to catch up with their superannuation after career breaks such as maternity l...
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
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...