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FOFA
Policy & Regulation
ASFA has differentiated itself from the other major super organisations by not buying into the FOFA debate beyond supporting the retention of intrafund advice. ...
Financial planning
The FPA warns the Government some FOFA amendments could re-introduce commissions into the advice space and increase the risk of mis-selling. ...
Financial planning
Allowing advisers and clients to 'agree’ on the scope of advice makes way for a variety of manipulation, says AIST....
Financial planning
Aligned and non-aligned advice should be covered by separate legislation and definitions, according to an advice business broker....
Financial planning
Watering down financial advice laws could expose consumers and regulators to another Storm Financial-type crisis, ISA says. ...
Financial planning
Adviser education programs are at risk of being severely cut because the way they are funded is seen as conflicted remuneration, says AFA. ...
Financial planning
Greg Medcraft says financial planning needs to undergo further cultural change, as the sector remains one of the riskiest regulated by ASIC. ...
Financial planning
Former High Court judge Sir Anthony Mason dismisses suggestions FOFA changes will compromise best interests. ...
Financial planning
Touted as the next frontier for accountants, Limited Australian Financial Service Licences (AFSLs) are starting to gain traction with planners too. But what makes them so...
Financial planning
Free education campaign to prepare members for implementation of TASA...
Financial planning
Sinodinos says the Government does not intend to speculate on hypothetical court challenges to FOFA as posed by the ISA. ...
Financial planning
The Association of Financial Advisers (AFA) says that contrary to recent reports, general advice amendments have no bearing on the activities of financial advisers. ...
Financial planning
Planners should be articulating the value of advice instead of debating finer points of legislation. ...
Financial planning
Despite all the negative publicity, Commonwealth Financial Planning has exited its 2011 EU with ASIC....
Editorial
No one should be surprised by Industry Super Australia CEO David Whiteley's response to the release by the Government of an options-stage Regulatory Impact Statement of i...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...