While there are many loose ends associated with the Future of Financial Advice regime, Mike Taylor writes that the Government should avoid allowing its Financial Systems ...
Government claims its FOFA changes will generate $190 million in costs savings which should be passed through to consumers....
FOFA amendments attempt to shore up old model that will be undercut by online services. ...
FOS has identified planner conduct and inappropriate claims handling as possible systemic issues during the December 2013 quarter....
ASIC has identified financial advice as one of the most critical factors in protecting consumers and will continue to review the advice provided on complex products. ...
The Assistant Treasurer has denied claims by industry funds that changes to FOFA will water down consumer protection....
Industry Super Australia worries that changes to FOFA will bring conflicted remuneration back to financial advice....
Planners still required to provide FDS until FOFA amendments become law....
The release of draft amendments to FOFA have been welcomed but representative bodies still to pick through the details...
The Federal Government has released draft FOFA amendments which it will introduce by regulation wherever possible...
Industry Super Australia wants the Government’s FSR process to traverse conflicts of interest and the role of sales and advice personnel....
Boutique Financial Planners Principals' Group (BFPPG) has renewed its push for transparent licensee ownership disclosure, hoping the rounding off of FOFA reforms will all...
The threat of regulatory change has outranked cyber crime and PR disasters as the greatest risk to the financial services industry, a survey shows. ...
FOFA reforms have not impacted recruitment within financial services, with some businesses looking to increase staff numbers....
Recruitment expert says hiring activity in wealth management is currently at its highest levels in two years....
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...