Efforts to improve the standards of the financial planning sector are driving the cost of advice beyond the reach of average Australians, William Buck reports. ...
Opposition to consider reworked FOFA policy for next election as industry reports confirm need to oppose amendments....
Small business satisfaction for the Federal Government seems to be dipping, with many saying it does not understand issues impacting many sectors. ...
Plans to disallow significant portions of the Government’s FOFA reforms have been blocked by the Senate....
AMP chief exeuctive, Craig Meller says financial services reform has cost his company hundreds of millions of dollars and should be given time to work....
The Australian Bankers’ Association has voiced its support for moves to boost the professional standards in the financial advice sector....
Increased Government regulation of the financial services sector will not improve the public’s view of the industry, the Minister for Finance and acting Deputy Treasurer,...
Claims that the Government should tighten its legislation regulating the financial advice industry have been dismissed as “insultingly stupid”, by the Federal Treasurer, ...
Legislation enshrining the Government’s FOFA reforms should be delayed until after the FSI’s final report is issued, Labor believes....
The relationship between licensees, advisers and platforms has been stretched by FOFA leading to planners departing mid-tier financial groups....
Conflicted remuneration bans have monumentally changed the way advisers make their money, with the commission model replaced by a move to fixed fees, according to the cor...
Debate over the Government’s FOFA amendments has distracted Australians from focusing on the real purpose of financial advice, the AFA believes....
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...