Articles tagged with 'Ripoll-Inquiry'

Managed investment scheme disclosure changes

15 March 2010 | Following the Government's prescription for better managed investment schemes disclosure, Brendan Ivers explains how these changes have affected the industry.


Delays for ASIC shadow shop

24 February 2010 | The Australian Securities and Investments Commission is highly unlikely to complete its promised return to shadow shopping in the financial planning industry in the current financial year.


Buyer beware: margin lending is back in vogue

22 February 2010 | Bernie Ripoll warns about the return of margin lending into the financial sector, and the dangers the practice poses for unwary investors.


Heart of industry problems remain overlooked

11 February 2010 | Lobby groups have oversimplified the financial services debate, leaving the roots of the industry’s problems unexposed, argues the executive manager of Guardian Financial Planning Steve Browning.


Ripoll slams margin loan 'spruikers'

10 February 2010 | PJC chair warns the rising number of margin lending clients should "be of concern to banks and regulators", while slamming spruikers who target the vulnerable.


Higher benchmarks will shrink industry

28 January 2010 | The regulatory and ideological changes taking place in financial services are likely to see a more professional, but leaner, financial planning industry emerge.


Who really owns the client relationship?

25 January 2010 | Recent action in the NSW Supreme Court over the status of Adviser Service Fees when authorised representatives change licensees appears to have raised more questions than it has answered. Mike Taylor reports.


Market forecast: A year of opportunity

25 January 2010 | Last year was a watershed year for the financial planning sector, writes Richard Klipin. He explains why 2010 promises to be a year of opportunity.


The top 5: Policies

21 December 2009 | As 2009 comes to a close, Money Management examines the policy developments that have shaped and will reshape the industry.


Education: FPA paper a 'knee-jerk reaction'

21 December 2009 | The Financial Planning Association’s (FPA’s) white paper on education expectations during its national conference last month appears to be a knee-jerk reaction to mounting criticism and scrutiny, write Rakesh Gupta and Ken Bruce.


Planners finish '09 on own terms

21 December 2009 | The Australian financial planning industry has finished 2009 having successfully surmounted a number of its greatest challenges, writes Mike Taylor.


Corporations Act: the root of conflicts of interest?

14 December 2009 | Moves to resolve conflict of interest issues are being undermined by the 'divided loyalties' the Corporations Act encourages, argues FPA deputy chief executive Deen Sanders.


You can't regulate against greed

14 December 2009 | When the Parliamentary Joint Committee on Corporations and Financial Services handed down its recent report into Financial Products and Services in Australia, it was predictably lamenting how 'mum and dad' investors lacked the educational skills to critically analyse retail investment products. But is education the answer?


The year in review: A rollercoaster year

14 December 2009 | A year of extremes has forced the industry to step up and meet the demands of clients, writes Brian Bissaker.


The year in review: Crystal-ball gazing

14 December 2009 | In the wake of a challenging year, a number of major hurdles lie ahead for financial planners, writes Richard Klipin.


The year in review: The industry's coming of age

14 December 2009 | It's time for the industry to evolve into a profession – and this involves more than simply removing commissions, writes Barry Lambert.


The year in review: Reassessing wealth management

14 December 2009 | With the dust from the global financial crisis beginning to settle, it is an opportune time for some reflection, writes Mark Hoven.


The year in review: Australia rising to the top

14 December 2009 | Having proven itself resilient, it is time for the Australian funds management industry to take its skills and experience to the world, writes John Brogden.


The year in review: The year of the Big Five

14 December 2009 | The challenges of 2009 have demonstrated the underlying strength of the super industry, writes Pauline Vamos.


No hiding from Ripoll changes

10 December 2009 | The chairman of the Ripoll Inquiry, Bernie Ripoll, has indicated volume rebates paid from product manufacturers to dealer groups are encompassed in the recommendations made by the committee - including the recommendation to cease payments from product manufacturers to advisers.


Ripoll Inquiry: One step on a long road

7 December 2009 | The Parliamentary Joint Committee on Corporations and Financial Services (the Ripoll Inquiry) has delivered precisely what could be expected from a parliamentary inquiry – a set of recommendations for the Government to consider but no silver bullets. A Mike Taylor editorial.


All advisers created equal?

4 December 2009 | Questions have been raised about whether financial advisers paid a salary by a superannuation fund will find their circumstances challenged as a result of the introduction of an explicit fiduciary duty rule in the Corporations Act.


ASIC should take a back seat

3 December 2009 | The Government and the Treasury, rather than the Australian Securities and Investments Commission (ASIC), should lead the way in implementing changes to the financial planning industry, according to the chief executive of the Financial Planning Association (FPA), Jo-Anne Bloch.


'Fiduciary duty' a potential minefield

3 December 2009 | Financial advisers paid a salary by a product manufacturer, such as those employed by banks, may find they cannot continue their client relationships if a purist definition of 'fiduciary duty' is introduced in the Corporations Act, a prominent financial services lawyer has warned.


Excise the excesses, says Snowball chief

30 November 2009 | Snowball Group managing director Tony McDonald has called for a tough approach in the wake of the Ripoll recommendations.


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1MMFPAAFAmerger Do you support a merger of the Financial Planning Association and the Association of Financial Advisers?
 
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2%
 
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