financial advice

Financial planning

Having just emerged as the highest-ranked provider in the Wealth Insights research into service levels, Colonial First State (CFS) has announced a range of upgrades to it...

Editorial

Growing on merit – not by compulsion

An important statistical snippet came to light during the hearings into legally enshrining the terms ‘financial planner/adviser’ – nearly 50 per cent of planners/advisers...

Policy & Regulation

CFS platforms undergo FOFA revamp

Colonial First State has introduced an FDS capability and completely removed conflicted remuneration from its platforms ahead of the looming FOFA deadline....

Financial planning

Fee disclosure requirements problematic

Warning that FOFA fee disclosure requirements will create more problems than they fix....

Financial planning

AFA planning 'consumer-centric' conference

The Association of Financial Advisers (AFA) has signaled it is devising a "consumer-centric" program for its October national conference on the Gold Coast....

Superannuation

Why asset managers must get involved in SMSFs

Asset managers need to figure out how they can get involved in the booming SMSF sector, according to Bennelong Funds Management's Jarrod Brown....

Financial planning

Colonial First State relaunches regulatory website

Colonial First State has relaunched its regulatory reforms website for financial advisers to cope with post-FOFA environment. ...

Financial planning

Practices for sale hit historic lows

Planners hold back on selling up while demand continues for acquisition ...

Financial planning

The Trust Company shareholders shy away from Equity Trustees offer

Take-over offer extended as Equity Trustees faces regulatory approval and low initial interest....

Financial planning

Current markets an opportunity for advisers

Now that client sentiment is changing for the better, advisers have a real opportunity to show off their portfolio construction skills, according to Damen Purcell, head o...

Financial planning

TASA and financial planners - the search for facts and common sense

The recent flurry of opinions around making financial planners accountable to the Tax Agent Services Act (TASA) only continues to fuel more flawed arguments that are not ...

Policy & Regulation

Too many loose ends as FOFA deadline looms

AFA chief executive, Brad Fox says advice firms are being placed under pressure by the continuing regulatory unknowns around FOFA....

Editorial

Return to common sense plan at APESB

There would have been many in the Australian accounting community who last week breathed a sigh of relief when they read the documents to be dealt with by the APESB at it...

Superannuation

Super funds could lose MySuper for conflicted remuneration

MySuper licences could be cancelled if super fund trustees breach guidance on giving and collectively charging for intrafund advice, ASIC has warned....

Editorial

Enshrinement of 'financial planner' - an improvement but not a panacea

The Government’s introduction of the legislation necessary to enshrine the term ‘financial planner/adviser’ coincided with the Conference of Major Superannuation Funds, r...