Powered by MOMENTUM MEDIA
moneymanagement logo
 

FOFA

Funds management

Major fund manager, Platinum Asset Management has called on the Royal Commission to further scrutinise platform shelf-space fees and problematic relationships between pla...

Financial planning

Going forward, financial planners must move to a model of radical transparency in order to retain clients and remain relevant....

Expert Analysis

Bernie Ripoll writes that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry may represent a once-in-a-lifetime opportuni...

Financial planning

The Australian Securities and Investments Commission has told the Productivity Commission that grandfathered commissions should be brought to an end as soon as possible....

Financial planning

The Financial Planning Association has repeated its call for a three-year phase-out of grandfathered commissions but has suggested solutions to ensure client benefit....

Financial planning

New data confirms that the loss of grandfathered commissions hardly compares with the impact of planners losing life/risk commissions....

Financial planning

Advisers are the victims not the villains where trailing commissions are concerned with product manufacturers and licensees much more to blame for today’s problems, accor...

Financial planning

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told that regulatory reform to financial planning is a work i...

Financial planning

The Consumer Action Law Centre has urged extending the Future of Financial Advice conflicted remuneration rules to the mortgage broking industry....

Financial planning

The existing financial planning dealer group model is under significant pressure and struggling to remain relevant, according to ClearView managing director, Simon Swanso...

Financial planning

The Productivity Commission chairman, Peter Harris, has claimed the Future of Financial Advice increased market concentration while suggesting planners should be allowed ...

Financial planning

The Association of Financial Advisers has called for clarity in the penalty regime covering financial planning in circumstances where it appears to have evolved to become...

Funds management

The Future of Financial Advice changes helped double the number of licensed investment companies but some are guilty of imposing higher base and performance fees, accord...

Funds management

The introduction of FOFA reforms and the ban on commissions from fund managers to advisers have spurred ETF growth....

Financial planning

The Financial Planning Association claims the FOFA general advice exemptions are being misused and with consumers being placed at risk the time has come for the carve-out...

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 weeks 2 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 weeks 2 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks 4 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

3 weeks 1 day ago

As the deadline approaches for advisers to meet higher education requirements, the FAAA has shared an “obscure” loophole to help advisers avoid redoing a professional yea...

1 week 1 day ago