financial planning industry

Financial planning

Shorten not convinced of negative opt-in impact

Financial Services Minister Bill Shorten has told financial planners they haven't managed to convince him the introduction of a two-year opt-in requirement would "beat th...

Policy & Regulation

Reader survey on FOFA challenge

Please complete our short survey on what readers think of a legal challenge to FOFA....

Financial planning

Financial services' steep learning curve

Education has become a buzzword in the financial services industry. Angela Faherty takes a look at what the industry is doing to improve standards. ...

Editorial

Superannuation fund planning: who benefits?

As superannuation funds seek to move further into the provision of full service financial planning, a recent report prepared for the West Australian Government has raised...

Policy & Regulation

PIS warns of unlevel playing field post-FOFA

PIS managing director Grahame Evans warns of creating a return to tied-agency arrangements and the death of boutiques....

Editorial

Narrow focus limits broader FOFA vision

A strong line of argument is being pursued by sections of the financial planning industry that the Government has been focusing its Future of Financial Advice (FOFA) chan...

Financial planning

Technology won't solve opt-in problem

Despite a number of software developers and platform providers flagging plans to introduce opt-in facilities, the financial planning community claims automating the proce...

Editorial

FOFA needs a balanced approach

The Government needs to consider all sides of the debate as it prepares to release the Future of Financial Advice draft legislation, writes Mike Taylor....

Policy & Regulation

Two years before FOFA valuations impact

It may be two years before the full impact of FOFA on planning practice valuations becomes clear....

Financial planning

Planners should focus on bigger picture: IPA

The Institute of Public Accountants has spoken out in favour of the Government's Future of Financial Advice (FOFA) reforms, arguing that the financial planning industry s...

Financial planning

Opt-in to reduce costs for consumers, claims ISN

A two-year opt-in proposal will reduce the cost of financial advice, with asset-based fees resulting in consumers paying up to 17 times more, according to the Industry Su...

Financial planning

Macquarie takes the mantle

It may be relatively new on the funds management scene, but Macquarie Professional Series' IFP Global Franchise Fund has certainly made a name for itself in the Australia...

Editorial

FOFA reforms raise more questions than answers

The Federal Government may have handed down its Future of Financial Advice (FOFA) proposals but that has not served to end uncertainty in the financial services industry....

Financial planning

Financial planning's first lady

Gwen Fletcher AM has been awarded Money Management's inaugural Lifetime Achievement Award for her steadfast dedication and outstanding stewardship in developing and promo...

Financial planning

FPA calls for clearer definition of platforms

The Financial Planning Association (FPA) has indicated it will open discussions with Treasury about whether some platforms should be regarded as pure administration tools...