Accountants are more qualified to give financial advice than planners, largely due to their working knowledge of SMSFs, a small business owner believes....

Superannuation fund claims vertical integration is stifling competition and the Government’s changes to FOFA have not helped....

ASIC’s proposal to include financial literacy in the education system is a good one but financial literacy has to start at home from the parents, a personal loan speciali...

Integration between advice and mortgage broking has reintroduced conflicted remuneration banned under FOFA with the move labelled a ‘deliberate’ exploitation of a legisla...

Kinetic Super has announced the launch of an intra-fund advice service where members can get limited financial advice on their account. ...

A proposal to rename general advice as “sales” or “product information” is not an adequate solution to the problems that arise from conflicted remuneration, according to ...

While ASIC continues to press for more powers with respect to bank management staff and product design, Mike Taylor writes that the real answer lies in successfully separ...

Australian financial planners use less sophisticated software than US and UK counterparts and have focused on FOFA compliance instead of business efficiency....

ISA claims it supports non-conflicted financial planning advice and its position on non-conflicted superannuation puts it on the same side of popular opinion...

Proposals to introduce a ‘restricted advice’ label would help to bring transparency to the financial advice consumers Infocus managing director Rod Bristow believes....

Westpac has rejected separately labelling institutionally-aligned financial planners, stating FOFA is an appropriate standard for all advisers....

A huge bulk of super fund members want advice from their super fund providers to bridge their lack of understanding of the super system....

Fiducian looks to grow on back of solid result and changes in the financial planning space....

Consumers are unlikely to understand the term ‘independent advice’ and its use will help in the management of conflicts of interest according to KPMG....