fee disclosure statement

Financial planning

Govt announces relief for ongoing fee disclosures

The Government is allowing financial advisers to issue their fee disclosure statements 60 days from the anniversary date for the transition period. ...

Features

Drowning in compliance

There is a raft of compliance obligations coming into place over the next few months and advisers need to ensure they have all their ducks in a row to avoid any breaches,...

Policy & Regulation

Breakthrough acknowledgement on FDS arrangements

Advisers look likely to be given more flexibility around the new fee disclosure statement rules following strong lobbying around flaws in the existing proposed arrangemen...

Financial planning

AFA welcomes ASIC no-action on Victoria’s advisers

The Association of Financial Advisers has welcomed ASIC’s no-action position for fee disclosure statement and opt-in obligations for Victoria’s located advice businesses....

Financial planning

12-monthly opt-in back on the legislative agenda

Advisers have been urged to be mindful of the Treasurer, Josh Frydenberg’s move to impose 12-monthly opt-in and fee disclosure arrangements....

Financial planning

Do industry funds now have an advice advantage?

Amid claims by Industry Super Australia that grandfathering should be ended rapidly and without a client rebate regime, some advisers are claiming that industry funds sal...

Financial planning

ASIC testing licensees on Fee Disclosure Statement failings

The Australian Securities and Investments Commission has flagged impending enforcement action against advice licensees for Fee Disclosure Statement failings and a broader...