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Tasmanian Liberal Senator, David Bushby has explained the high cost for planners in complying with an unamended FOFA regime....
INDUSTRY NEWS
Opposition parliamentarian Ed Husic has claimed ASIC is 'walking both sides of the street’ in taking a facilitative approach to regulating the implementation of the FOFA ...
INDUSTRY NEWS
The Commonwealth Bank has called for all financial advice fee payments to be made tax deductible....
INDUSTRY NEWS
ISA chief executive David Whiteley calls for Government’s pause to be used to develop constructive consensus on FOFA....
INDUSTRY NEWS
The AFA has moved to enter the FOFA pause consultations with an analysis designed to counter a “rolling campaign of fiction and misrepresentation”....
INDUSTRY NEWS
Minister puts brakes on both legislative and regulatory amendments to FOFA but action is well received. ...
INDUSTRY NEWS
Finance Minister, Senator Mathias Cormann pauses FOFA process for consultations...
INDUSTRY NEWS
Several financial services industry bodies throw support behind FOFA amendments tabled in Parliament yesterday. ...
INDUSTRY NEWS
The FSC has obtained legal advice from a Senior Counsel confirming the Government’s FOFA changes will not undermine client best interest or consumer protections....
INDUSTRY NEWS
As FOFA development draws to a close, software companies shift focus to scaled advice and customer engagement, research shows....
INDUSTRY NEWS
The Assistant Treasurer, Senator Arthur Sinodinos, says ASIC will monitor FOFA changes to ensure they are meeting their objectives....
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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...