FINANCIAL ADVICE

Financial planning

Bryan Ashenden tries to find a resemblance between the changes FOFA will bring to the financial advice industry and Charles Darwin’s Theory of Evolution....

Editorial

2012 will be the year of the savvy consumer - and the financial services industry is preparing for this new trend, writes Jim Minto....

Policy & Regulation

ASFA does not support further delays to the implementation of the FOFA reforms while a regulatory impact study is completed....

Financial planning

The Corporate Superannuation Specialists Association has cited research backing its concerns around the provision of financial advice in MySuper funds....

Policy & Regulation

The Financial Services Council has warned the PJC that FOFA will fail in its core objective - making financial advice more affordable....

Policy & Regulation

The FPA has expressed concern at the FOFA process and how certain decisions such as those imposing fee disclosure and opt-in were made....

Policy & Regulation

Amendments are needed to the Government's Future of Financial Advice (FOFA) legislation to enable financial advisers to appropriately deliver scaled advice, according to ...

Policy & Regulation

The Federal Opposition urges financial services stakeholders to fully reveal FOFA flaws to this week's PJC hearings while, at the same time, calling for a substantial del...

Policy & Regulation

The underlying legality of the Government's Future of Financial Advice (FOFA) changes will almost certainly be tested in the event the legislation passes the Parliament w...

Financial planning

Fiona Mackenzie presents the top 10 tips for financial planners for focusing on client relationships and value propositions in 2012....

Financial planning

The FOFA reforms well and truly dominated the financial planning industry during 2011 and the year ahead looks set to bring more of the same, writes Nicolette Rubinsztein...

Editorial

If the parliamentarians involved in the Parliamentary Joint Committee reviewing the FOFA bills put aside their political affiliations then they will back some key amendme...

Financial planning

An average UK consumer is willing to pay no more than AUD$230 for financial advice, according to a survey carried out by CoreData in the UK....

Financial planning

There is plenty of demand in the market for quality financial planning businesses, as well as an increasing number of enquiries from those looking to sell in preparation ...

Policy & Regulation

The Financial Services Council has urged an appropriate transition for FOFA, warning that compliance costs will run into the millions....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 3 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 5 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 weeks 2 days ago