financial services reform

Editorial

Who do the industry bodies actually represent?

As the Federal Treasury works to find common ground on financial services reform, Mike Taylor suggests that an examination of those being consulted raises as many questio...

Editorial

Developing a sophisticated wealth management approach

Nick Hilton takes a look at recent changes within the wealth advisory industry and examines the evolution of the corporate model in this space....

Financial planning

ASIC sharpens focus on REs

The Australian Securities and Investments Commission has proposed tougher financial requirements for MIS Responsible Entities....

Financial planning

International financial services reform to test Australian industry

Australia may have escaped the brunt of the global financial crisis, but as Janine Mace discovers, changes in the financial services industry on an international level me...

Editorial

The inherent risks in financial services reform

The financial services industry is a complex organism, writes Mike Taylor, and tweaking parts of it could lead to the emergence of unforeseen market distortions....

Financial planning

UK consumers priced out of advice

Research firm CoreData has warned changes to adviser remuneration in the UK may see many consumers priced out of the market, with the group identifying a fee ceiling of 1...

Financial planning

CFP membership slowed by RG 146

Figures reveal membership take-up of the Financial Planning Association's Certified Financial Planner designation has plateaued since 2001....

Editorial

Politics overtakes financial services reform

The electoral cycle has overtaken the Government's agenda to change the financial planning industry and, as Mike Taylor reports, the ultimate outcome will be dictated by ...

Financial planning

Simplicity key to regaining trust

Vanguard chairman and chief executive William McNabb has argued that simplicity, transparency and candour are the keys to regaining investors' trust....

Editorial

What is a financial planning practice worth?

With trailing commissions soon to be a thing of the past, owners of financial planning practices need to ask themselves how much their businesses are worth....

Financial planning

Why the reforms to financial planning should come as no surprise

While recent government announcements mean Australia's financial planners are facing significant change, Damon Taylor writes that the shift in policy direction was well t...

Editorial

Financial planning commissions going the way of the dodo

The move towards a commissions-free financial planning industry is inevitable, writes Mike Taylor....

Financial planning

AXA prepared for new industry changes

AXA is prepared for upcoming regulatory changes and will be unaffected by changes to adviser remuneration, while also providing an assistance framework to help advisers p...

Financial planning

Bowen reforms death knell for mid-tier groups?

Dealer groups owned by product providers will prosper while mid to large-scale independent planning groups may struggle to survive under financial advice industry reforms...