brad fox

Policy & Regulation

Detail is still missing from recently announced draft Future of Financial Advice reforms, and the 2012 implementation dates for some changes are too soon for industry par...

Superannuation

Stronger Super flawed by absence of financial planner representation

The AFA has warned the Government's Stronger Super package remains flawed because financial planners were not given a voice....

Policy & Regulation

Delay FOFA implementation, says AFA

With the only winners from FOFA likely to be industry funds and the big end of town, the AFA has called on the Government to delay its implementation beyond 1 July, next ...

Financial planning

Global jitters highlight value of advice: AFA

The current global financial jitters highlight the value of financial advice, as clients lean on advisers to guide them through difficult times, according to Association ...

Policy & Regulation

Shorten asked to 'please explain' on FOFA

The Association of Financial Advisers has demanded the Government explain the actual benefits of the Future of Financial Advice (FOFA) proposals....

Policy & Regulation

Two years before FOFA valuations impact

It may be two years before the full impact of FOFA on planning practice valuations becomes clear....

Financial planning

FOFA - uncertainty is the only certainty

The Government's final outline of its Future of Financial Advice proposals has raised as many questions as it has answered, with participants in a <i>Money Management</i>...

Policy & Regulation

Further FOFA consultation needed

The Federal Government needs to go further in removing uncertainty and clarifying key settings around its Future of Financial Advice (FOFA) proposals, according to senior...

Policy & Regulation

FOFA rhetoric doesn't match strategy: AFA

The original intent of the Government's Future of Financial Advice (FOFA) reforms was to create enhanced transparency and better outcomes for investors, but this rhetoric...

Financial planning

NIA opposes legislating 'financial planner'

The National Institute of Accountants (NIA) has opposed moves from financial planning bodies to have the use of the terms 'financial planner' and 'financial adviser' rest...

Financial planning

FOFA reforms: are financial planners the biggest losers?

Money Management recently hosted a roundtable about the effects of the Government’s proposed Future of Financial Advice reforms. The key concern of those present wa...

Policy & Regulation

FOFA reforms threaten smaller players

The Federal Government's Future of Financial Advice (FOFA) changes carry with them the genuine risk of benefiting the big banks, institutions and industry funds at the ex...

Financial planning

AFA calls for unified advice rules

The Association of Financial Advisers (AFA) has reiterated its calls for a level playing field for all who provide financial advice to retail clients - including the indu...

Financial planning

Anti-adviser industry fund campaign simplistic: AFA

The Association of Financial Advisers (AFA) has hit back at the industry super funds' campaign against adviser fees, saying their approach is simplistic and draws attenti...