financial advice industry

Financial planning

National register needs verification at source

Employers and businesses must attain verification at the source for educational and employment background of advisers for the national register of advisers to be reliable...

Financial planning

ABA stands with Government on FOFA co-regulation

The ABA is backing the Federal Government’s recommendation of co-regulation as a solution to FOFA issues....

Financial planning

Govt to begin adviser standard consultation

The Assistant Treasurer has confirmed he will consult all relevant stakeholders in the advice sector before putting into place any recommendations around adviser standard...

Financial planning

Frydenberg signals co-regulation for planning industry

Assistant Treasurer, Josh Frydenberg has outlined the Government’s agenda for planning including the possibility of a national exam and co-regulation....

Financial planning

Time to focus on draw down phase: Lonsec

With Baby Boomers closing in on retirement, the financial advice industry needs to shift its focus from accumulation to draw down, according to Lonsec Research....

Superannuation

Industry funds proud of not being shy

Industry funds have been around since the earliest days of superannuation but in recent years have moved into providing advice and banking services bringing them head to ...

Policy & Regulation

Cormann points to more FOFA refinements

Minister for Finance, Senator Mathias Cormann, declares the Government is still working to agree more “non-contentious” FOFA refinements....

Policy & Regulation

Govt and Labor agree on specific FOFA changes

Labor will support Govt FOFA changes on grandfathering and other key elements....

Policy & Regulation

FOFA disallowance reduces affordability of advice: FSC

Fewer Australians will be able to afford to obtain financial advice following the Senate’s decision to disallow the Government Future of Financial Advice regulations, the...

Awards

Partner philosophy underscores Gopal’s victory

A constant focus on the planner, and not the product, has won Shivani Gopal wide-scoping praise in the financial advice industry. ...

Financial planning

Partner philosophy underscores Gopal’s victory

BDM of the Year 2014: Shivani Gopal, Asteron Life A constant focus on the planner, and not the product, has won Shivani Gopal wide-scoping praise in the financial advice...

Financial planning

Commissions live within MISs post-FOFA

ASIC warns that commissions may continue to exist within MIS arrangements despite the FOFA changes....

Financial planning

User-pays standards body to boost adviser standards: FSC

Adviser competency and professional standards would be boosted by the formation of a new adviser-funded body that sets standards for different advice segments, the Financ...

Policy & Regulation

Labor’s FOFA block defeated

Plans to disallow significant portions of the Government’s FOFA reforms have been blocked by the Senate....

Policy & Regulation

FSC regulation call ‘an absolute cop-out’: Cormann

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,...