financial advice

Editorial

If the comments section on the Money Management website is to be taken as a guide, then the Financial Planning Association continues to weather strong criticism over the ...

Financial planning

Crackdown on Commonwealth Financial Planning advisers continues

ASIC has banned a former Commonwealth Financial Planning adviser from providing financial services for five years, making it three former Commonwealth advisers banned in ...

Policy & Regulation

AFA and FSC link on FOFA forum

The Financial Services Council and Association of Financial Advisers have joined together to provide a forum looking at life in a post-FOFA financial planning world....

Policy & Regulation

In-house funds could solve FOFA concerns, says Brian Long

Independent dealer groups wondering how they will service mass affluent clients under FOFA should consider starting up their own funds management business, says Mercer he...

Superannuation

One-third of clients not on track to achieve comfortable retirement

Financial planners have estimated a third of their clients were not on track to achieving a comfortable retirement, according to a survey released by Investment Trends....

Financial planning

Shadow shop results reflect need for higher professional standards - SPAA

The Self-Managed Super Fund Professionals' Association of Australia has called for higher levels of competency in the provision of financial advice following recent damni...

Financial planning

New iApp edition of Money Management out now

This week's iPad edition of Money Management is out now with the latest in news, exclusive video content and features....

Financial planning

Proposed amendments to LRBAs need clarity - MFAA

The Mortgage and Finance Association of Australia has expressed concern that the Government's proposed amendments to limited recourse borrowing arrangements (LRBAs) creat...

Policy & Regulation

SPAA aims to exempt members from opt-in

SPAA will work with ASIC to develop its in-house code of conduct so that SPAA members are exempt from opt-in requirements when the FOFA reforms take effect....

Financial planning

ISN urged to stop anti-financial planner advertising post-FOFA

The Association of Financial Advisers and Financial Planning Association say the ISN has no justification for maintaining its anti-planner advertising post-FOFA....

Financial planning

Cross-ownership a barrier to good financial advice: ASIC

The ownership of financial planners by product manufacturers creates one of the main barriers to improving the quality of advice in Australia, according to ASIC....

Policy & Regulation

FPA says ASIC should not baulk at asset-based fees

The FPA's Mark Rantall has told a Money Management roundtable that asset-based fees should not act as an impediment to ASIC providing class-order relief from opt-in....

Editorial

Taking on underinsurance requires a team effort

Underinsurance is a concern for the Australian community. However, Financial Services Council chief John Brogden believes the combined government and industry efforts cou...

Financial planning

FPA urges forward-looking approach to FOFA outcome

The FPA has outlined to members the outcome of the FOFA changes and has urged industry unity despite last week's controversial issues....

Policy & Regulation

FOFA phase-in helps groups develop scaled offerings

With the mandatory start date of the FOFA reforms deferred to 1 July 2013, dealer groups will have more time to develop a scaled advice offering that works for them, a te...