Overwhelming interest in AFA/FSC FOFA forum


Due to overwhelming interest, the joint Financial Services Council (FSC) and Association of Financial Advisers (AFA) seminar on the Future of Financial Advice (FOFA) has been moved to Sydney's Amora Hotel on Tuesday 1 May 2012.
AFA chief executive Richard Klipin said both his organisation and the FSC had been delighted by the level of interest in the FOFA seminar, which he said reflected the amount of ongoing concern about the legislative and regulatory changes to the industry.
The seminar will examine the implications of the FOFA changes and will be addressed by a range of key speakers, including Australian Securities and Investments Commission, Peter Kell.
Also providing input will be the AFA's policy expert Phil Anderson and the FSC's senior policy manager Cecilia Storniolo.
FSC chief executive John Brogden and Richard Klipin will participate in panel discussions around the FOFA changes.
Recommended for you
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
Having peaked at more than 40 per cent growth since the first M&A bid, Insignia Financial shares have returned to earth six months later as the company awaits a final decision from CC Capital.