FINANCIAL ADVICE
Financial planning
The Financial Services Council has confirmed transitional arrangements on volume rebates involving the grandfathering of those existing before 30 June, 2012....
Superannuation
There is a massive disconnect between the demand for financial advice among super fund members and their willingness to pay for it, according to Investment Trends researc...
Policy & Regulation
The FPA has outlined concerns about opt-in provisions and insurance bans within super outlined in the Government's Future of Financial Advice reforms....
Superannuation
The Federal Government’s Future of Financial Advice reforms have banned all risk commissions in super and volume rebates at the same time as imposing a two-year opt-in on...
Financial planning
Issues surrounding adviser liability remain a concern and will be discussed during the next phase of Government consultation regarding investor compensation, according to...
Financial planning
The National Institute of Accountants (NIA) has opposed moves from financial planning bodies to have the use of the terms 'financial planner' and 'financial adviser' rest...
Financial planning
Money Management recently hosted a roundtable about the effects of the Government’s proposed Future of Financial Advice reforms. The key concern of those present wa...
Policy & Regulation
The Federal Government's Future of Financial Advice (FOFA) changes carry with them the genuine risk of benefiting the big banks, institutions and industry funds at the ex...
Financial planning
With the Government promising to increase education requirements for financial planners through its Future of Financial Advice (FOFA) reforms package, the AMP Horizons Ac...
Financial planning
Suncorp chief executive warns of negative consumer impact of 'churn'....
Policy & Regulation
Shadforth Financial Group chief executive Tony Fenning believes the implementation of the Future of Financial Advice (FOFA) reforms is likely to entail a lot of work with...
Policy & Regulation
The Government's Future of Financial Advice reforms may actually be a time bomb, according to Synchron's independent chair Michael Harrison....
Financial planning
The Association of Financial Advisers (AFA) has reiterated its calls for a level playing field for all who provide financial advice to retail clients - including the indu...
People & Products
Russell Investments has announced the appointment of a head of its Advice Centre, which the company said signalled its commitment to the delivery of limited advice....
Editorial
ASIC, hard-pressed for funding and resources, has embarked on a costly exercise aimed at determining the quality of retirement advice at a time when the underlying rules ...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
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...