FOFA

Financial planning

As consumers get savvier and more sceptical of financial advice, advisers have to fight harder than ever to justify their value proposition, but the smarter ones still ha...

Editorial

Ground hog day

Mike Taylor writes that Financial Services Council chief executive, John Brogden used his last annual conference address to point to how little the big issues have change...

Superannuation

Prohibit employers’ banks from default funds - ISA

The ISA claims vertical integration and FOFA changes pose risks to fair default fund regime....

Financial planning

Choose - adviser or salesman?

Brisbane-based planning chief executive argues institutionally-aligned advisers need to question their roles....

Policy & Regulation

Regulators’ ‘stakeholder’ status better defined

The Federal Government appears to have more clearly defined the boundaries of stakeholder status for ASIC and APRA....

Policy & Regulation

FOFA amendment changes extra levers to prosecute advice disputes

Changes to FOFA amendments agreed between the Government and PUP will act as levers against a planner in a dispute with a client....

Financial planning

AFM launches OLIVIA online tool

AFM launches online tool intended simplify managed fund application processes. ...

Editorial

Managed Accounts: Back in the spotlight - still!

Managed accounts have taken years to bloom, as Jason Spits writes, the large players have been waiting to pounce....

Financial planning

Benefits and challenges of AFSL ownership

Learn about the pros and cons of owning AFSL and weighs them up against becoming an authorised representative of a larger licensee...

Policy & Regulation

Labor commits to FOFA reimplementation

The ALP will not be forgetting FOFA and will look to reimplement its model when it returns to government....

Policy & Regulation

Will bank alignment cost planning brands?

New research suggests bank-aligned planning groups might suffer if consumers become fully aware of their parentage....

Financial planning

Adviser reputation back to square one: Brogden

The Senate inquiry of ASIC into its handling of the Commonwealth Bank is so negative it has tarnished trust in advisers, according to John Brogden....

Financial planning

AFA sets out minimum professional practice and ethical standards

AFA members will have to abide by six new principles of professionalism, which are set to form a critical part of the AFA’s revised Code of Conduct....

Financial planning

New adviser risk management strategy needed: Milliman

Financial advisers have been encouraged to tackle diversifiable and systematic risk simultaneously to meet the needs of a growing base of retirees seeking advice. ...

Financial planning

Practices planning to grow but few intend to expand their planner numbers

Financial planning practices are keen to grow their client base in the year ahead, but few intend on boosting planner numbers to achieve this, a survey reveals....