The AFA is not surprised by the report of the Parliamentary Committee on the FOFA amendments but wants the line held on product advice....

Cormann says Senate Committee report will influence the shape of the Government’s ultimate FOFA changes....

Finance Minister, Senator Mathias Cormann claims critics of the Government’s FOFA changes have fallen short on offering viable alternatives....

Financial advice clients were charged an average of $1800 each in fees last year, largely due to the growing basket of products they were sold by advisers and brokers, re...

ASIC has banned two advisers from providing financial services for up to five years. ...

The BFP claims a structural flaw has allowed banks, insurers and super funds to dress up product sales as advice....

ETFs lay in the shadow of other investment vehicles for almost a decade, but the last two years have seen their value skyrocket. Could it have anything to do with regulat...

Providing regulatory backing for the separation of product sales from advice should be welcomed by the broader financial planning community....

Planners have rejected mainstream broad cap managers clustered around the benchmark opting for a mix of passive investments and specialist active managers....

The Minister for Finance, Seantor Mathias Cormann claims vindication on the back of the FOFA findings of the ABC Fact Checking unit....

Advisers urged to charge clients flat fees instead of claiming commissions, to avoid conflicts of interest. ...

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...

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....

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....