association of financial advisers

ASSOCIATION OF FINANCIAL ADVISERS

Financial planning

Codes to achieve same outcomes as opt-in

Professional codes of conduct that meet approval in terms of obviating the need for financial advisers to comply with opt-in will need to achieve the same outcomes as opt...

Financial planning

Financial planners told to make FOFA irrelevant

Securitor's Matt Englund urges financial planners to make FOFA irrelevant by having the correct systems in place....

Financial planning

Life/risk churn not systemic, claims AFA

The Association of Financial Advisers has warned against going too far to address churn when it is not systemic, and only a few advisers are guilty....

Policy & Regulation

AFA to establish FOFA implementation group

Association of Financial Advisers looks to take facilitative approach on implementation of the Future of Financial Advice regulations....

Financial planning

Financial advisers to self-regulate national exam

ASIC will soon hold discussions with the financial planning industry about the potential for setting up a self-regulatory organisation which would develop and administer ...

Policy & Regulation

AFA identifies FOFA best interests gap

The Association of Financial Advisers has urged a uniform 1 July, 2013 FOFA start date as another legal anomaly has been identified....

Policy & Regulation

FOFA passes, but confusion over enshrining 'financial planner'

The Government’s Future of Financial Advice (FOFA) legislation passed through the Senate yesterday, but there seems to be some confusion over whether the terms 'financial...

Editorial

FOFA concessions may have an expiry date

Mike Taylor writes that the Federal Opposition has signalled some of the so-called ‘concessions’ extracted around the passage of the FOFA bills may not have a life beyond...

Policy & Regulation

Key FOFA 'concession' in question

The Federal Opposition has signalled it remains to be convinced about either introducing or supporting legislation which would restrict the use of the terms 'financial pl...

Financial planning

ASIC recruits from within financial planning industry

ASIC has confirmed it has increased its efforts to better understand the inner workings of the financial planning industry by recruiting from within the sector....

Policy & Regulation

Mathias Cormann pays tribute to AFA and reiterates FOFA opposition

Opposition Financial Services spokesman Mathias Cormann has paid credit to the Association of Financial Advisers's role in FOFA negotiations and reiterated his opposition...

Editorial

FOFA - signed, sealed ... delivered?

With the FOFA, Stronger Super and MySuper reforms finally taking shape, the financial services industry has a clearer picture of what the future holds, writes Chris Kenne...

Financial planning

Financial advisers need to get 'back to business'

Financial advisers must better communicate the message of Australia's strong financials and get back to the business of providing quality education and understanding to c...

Financial planning

Mathias Cormann and Arthur Sinodinis to address Friday luncheon

Two of the Coalition's most senior senators, Mathias Cormann and Arthur Sinodinos, will on Friday outline the Federal Opposition's policy approaches at an Association of ...

Editorial

FOFA - the devil will be in the detail

Until the final wording of the Future of Financial Advice legislation is released, it is impossible to assess what the opt-in agreements have actually achieved for financ...