financial advice reforms

Financial planning

Advisers focused on growth, despite reforms

Most advisers are focused on business growth, despite almost 75 per cent claiming the proposed fee-for-service models and opt-in arrangements would have a somewhat or str...

Life/Risk

No Govt decision on insurance commissions

Treasury officials confirm that insurance commissions are outside of scope of FOFA reforms....

Financial planning

Caution urged on C and D clients

The Association of Financial Advisers annual conference has been told planners should be careful not to disgard C and D clients....

Policy & Regulation

Treasury honing in on FOFA details

Treasury will begin targeted consultations on the implementation details of the Labor Government’s Future of Financial Advice reforms tomorrow, with a particular fo...

Financial planning

FPA on the road to professionalism

The Financial Planning Association is set to take the next steps in transitioning from an industry organisation to a professional association....

Financial planning

Consultants launch fee-for-service handbook

Practice management consultancy E&W Strategic Partners has released a transition to fee-for-service handbook that it believes goes beyond the pricing of advice....

Financial planning

Perfect environment for SMA growth: BlackRock

Several factors are combining that will rapidly escalate the use of separately managed accounts (SMAs), according to BlackRock’s co-head of customised portfolio ser...

Editorial

What financial planners can expect from Bill Shorten

What should the Australian financial planning industry make of the appointment of Bill Shorten as the Assistant Treasurer and Minister for Financial Services and Superann...

People & Products

BT hires new head of dealer groups

Following the resignation of Neil Younger and his move to Commonwealth Financial Planning, BT Financial Group has appointed Matt Englund to head dealer groups. His positi...

Policy & Regulation

Perpetual’s Deverall and Savage support FOFA changes

Perpetual’s departing chief executive and retiring chairman back MySuper and FOFA proposals....

Editorial

Is a minority Government a major problem for financial planners?

It is now certain the industry funds' campaign against financial advice commissions will continue. Far less certain is the manner in which the minority Government will co...

Financial planning

Proposed financial advice and superannuation reforms in limbo

While the results of the Federal Election have finally been decided, the future of Labor's proposed changes to financial advice and superannuation remain uncertain. Lucin...

Financial planning

Bowen and Sherry give way to Shorten

Former union official and Labor Party heavyweight, Bill Shorten named as new Assistant Treasurer and Minister for Financial Services....

Financial planning

Time to implement reform: FPA

The now confirmed Gillard Government must “move quickly” to finalise details regarding reforms to the financial advice industry, according to FPA chief Mark R...

Financial planning

CFS outlines blueprint for advice institute

Colonial First State (CFS) has completed its plan for its new Institute of Advice, the design and implementation of which will be rolled out in phases in the first half o...