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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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 21 hours ago