financial advice

Superannuation

Compliance critical for super in 2011: Mercer

Superannuation funds are being urged to make sure they are ready to provide financial advice to members in a sustainable way over the coming year....

Financial planning

Younger advisers capable of revitalising industry

Although most advisers are working to improve the public image of the advice industry, the next generation is in a better position to do so....

Financial planning

Industry drags feet on phone and web advice

Despite evidence showing increasing consumer demand for Internet and phone-based simple financial advice outside of super, the industry seems to be moving at a snail’s pa...

Superannuation

Super fund members reluctant to seek advice

Super fund members are reluctant to take up financial advice due to lack of knowledge in what the offering entails and the cost involved, according to research by Profess...

Editorial

FOFA carries a high price for financial planners

With draft legislation resulting from the Future of Financial Advice reforms due out within months, Mike Taylor writes that much more is at stake than how financial plann...

Policy & Regulation

FOFA may separate industry: Klipin

One of the unintended consequences of the Government’s Future of Financial Advice (FOFA) reforms may be a shortage of 'generalist' financial planners, according to ...

Policy & Regulation

Legacy products cloud FOFA reforms

The legislative changes evolving from the Future of Financial Advice (FOFA) reforms may force the Federal Government to finally move on the tax treatment of legacy financ...

Financial planning

Advisers make difference in life cover

There is a distinct difference in adequate levels of insurance between people who have received financial advice and those who have not, according to a new piece of resea...

Editorial

Why FOFA alone cannot change the culture of financial planning

The Government's Future of Financial Advice proposals may serve to alter the legislative environment but, as Mike Taylor writes, new research suggests much more is requir...

Financial planning

Reform revolution an opportunity to improve trust

The current reform revolution is a once-in-a-generation opportunity to get it right and improve trust in the industry, but several proposed changes risk taking the reform...

Financial planning

Tougher education requirements test UK planners

Tight deadlines relating to the implementation of higher adviser education standards will test the UK planning industry....

Policy & Regulation

FOFA times will suit us – Paragem

Paragem’s network expands as the company sees promise in the FOFA reforms....

Policy & Regulation

FOFA takes shape amid industry concern

The key lobby groups making up the financial services industry are hoping to see the first draft of the legislation emanating from the Government’s Future of Financ...

Financial planning

AIST backs tax advice reform

The Australian Institute of Superannuation Trustees (AIST) has taken a largely sympathetic approach to an option within a Treasury options paper to alter the Australian F...