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FINANCIAL ADVICE
Policy & Regulation
Claims that the Federal Government’s proposed changes to the Future of Financial Advice (FOFA) reforms could cost retirees’ their life-savings are 'scaremongering’, accor...
Financial planning
The Minister for Finance and acting Assistant Treasurer, Senator Mathias Cormann has cautioned against a one size fits all approach to the advice regulatory settings....
Financial planning
The FSC claims the cost of providing financial advice has risen 33 per cent post-FOFA and the Government’s amendments will reduce this by a third....
Financial planning
The AFA has restated its wariness about the general advice exemption at a Senate hearing. ...
Financial planning
Consumers face additional fees and charges of up to $530 million a year if the Federal Government backs proposals to reintroduce commissions, a report from Rice Warner re...
Financial planning
ISA chief executive, David Whiteley, has accused the major banks of lobbying for the return of sale commissions for financial advice....
Financial planning
The FPA signals a 10-point plan which would see product-related advice subject to regulation and salespeople precluded from being called financial planners/advisers....
Financial planning
Australian clients are the most satisfied with their advisers in Asia, and come second in all major global markets, Legg Mason research showed....
Financial planning
FPA uses Comm FP’s continuing troubles to restate case for separating product from advice....
Financial planning
The Institute of Managed Account Providers will be telling planners about their options in a national roadshow starting in June. ...
Financial planning
IOOF managing director Chris Kelaher says it will be business as usual for SFGA clients following acquisition....
Editorial
When Money Management’s sister publication, Super Review, conducted a Post-Retirement and Ageing Forum in Sydney, it served to underline why the superannuation sector nee...
Financial planning
Risk tolerance specialist warns planners to take account of different risk tolerances when dealing with couples. ...
Financial planning
Measures in the Abbott Government’s inaugural budget have divided financial planning groups, prompting both praise and condemnation. ...
Financial planning
Questions are being raised over financial advisers’ focus on traditional products, with a survey showing more than half of respondents viewed specialist risk as a priorit...
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...