FOFA

Expert Analysis

The UK went through its Retail Distribution Review in 2012, writes Chris Mather, so what can it teach Australia about the evolving financial advice system?...

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Features

As Mike Taylor takes his leave from Money Management, he reflects upon the well-intentioned 2001 legislation which proved to have so many adverse, unintended consequences...

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Financial planning

The Australian Securities and Investments Commission funded $31,000 in consumer submissions about key financial advice policy issues including FoFA and the code of conduc...

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Financial planning

The challenge for financial advisers is understanding their client’s advice needs and what they can afford. ...

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Financial planning

Will the Government initiate an independent review of the legislation and regulation around financial planning based on the findings of the current Australian Securities ...

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Financial planning

The Australian Securities and Investments Commission is now claiming that its pivotal REP 413 which acted as the catalyst for the Life Insurance Framework is no longer re...

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Policy & Regulation

Members of the Australian Securities and Investments Commission’s Consumer Advisory Panel played a role in developing a key consumer Future of Financial Advice submission...

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Features

Mike Taylor writes that with the few remaining grandfathered remuneration arrangements coming to an end, a different regime has already evolved with the ultimate cost bei...

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Financial planning

NSW Liberal Senator, Andrew Bragg, has stated his belief the financial services industry had too much influence over Liberal Party policy and that the Coalition was wrong...

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Financial planning

Breaches of the Future of Financial Advice rules will sit at the centre of class actions being formulated against the Commonwealth Bank, AMP and Westpac and a number of t...

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Financial planning

Advisers should not be tainted by media reports that they are using stamping fees as a remuneration loophole, according to the Association of Financial Advisers. ...

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Financial planning

A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...

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Financial planning

At the same time as it seeks to reshape and rebuild its advice business, AMP Limited has called on a Government panel to consider changes which would make it easier to ac...

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Financial planning

The benefits of comprehensive financial advice significantly outweigh those delivered by intra-fund advice and this should be recognised within the Retirement Income Syst...

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Editorial

Much of the commentary attaching to the first anniversary of the Hayne Royal Commission recommendations has tended to flatter what was, objectively, a flawed outcome thor...

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