FINANCIAL ADVICE
Financial planning
AMPFS boss says the Financial Planning Association's control of CFP designation hands it an advantage....
Financial planning
AMP has signaled it will be pushing further into providing financial advice to the post-retirement sector....
Policy & Regulation
A senior lawyer has warned there is nothing in FOFA to prevent a repeat of Trio Capital, Storm Financial or Westpoint....
Financial planning
The Australian Institute of Superannuation Trustees has told the Treasury it wants the rules around the provision of intrafund advice with respect to MySuper products ali...
Tools & guides
General awareness among financial planners about issues associated with aged care is one thing, but having a strong knowledge in this area is another, writes IOOF’s Marti...
Financial planning
The Financial Services Council has supported the view of Richard St John that a last resort compensation scheme would be 'inappropriate and counterproductive' for the fin...
Financial planning
Direct sales of financial products and the use of social media for business purposes have grown to become bigger factors than FOFA for financial advisory practices, accor...
Financial planning
An increase in ASIC funding to aid the implementation of the FOFA reforms will be partly paid for by an increase in fees charged to AFSL holders....
Financial planning
The amount Australians are prepared to pay for financial advice has slipped over the past year, with the gap between expected and actual cost of advice widening....
Financial planning
Financial planners have welcomed St John report recommendations suggesting product issuers accept greater responsibility. ...
Policy & Regulation
Government delivers additional funding to ASIC for FOFA and a range of other financial services changes....
Financial planning
ANZ's Paul Barrett says educating consumers is the key to growing adviser credibility....
Financial planning
Once the dust has settled on the current round of industry reforms, the dealer group as we know it may cease to exist, according to senior financial financial advice figu...
Financial planning
Lifeplan Funds Management has upgraded NextGen Investments Lifeplan Education Investment Fund investment products as part of a move to comply with the new FOFA regulatory...
Financial planning
Financial advisers must develop a more complex toolset to provide advice, according to senior Milliman consultants who criticised the simplistic advice models being used ...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...