FOFA

Financial planning

The former Treasury deputy secretary who oversaw much of FOFA, Jim Murphy, has been appointed Rudd’s chief of staff....

Superannuation

With the Future of Financial Advice (FOFA) reforms having come into effect as of 1 July, Tria Investment Partners Andrew Baker says the legislation has failed to address ...

Accounting

The Institute of Public Accountants has given its members an alternative to compliance with APES 230. ...

Financial planning

More than half of advisers in the industry have been approached by one or more dealer group asking them to switch, according to a CoreData survey....

Superannuation

The Industry Super Network has launched an advertising campaign focused on the payment of commissions with respect to financial advice around superannuation....

Financial planning

FPA chief executive officer Mark Rantall calls for planners to set industry moral compass....

Financial planning

ASIC doubles NTA levels for custodians and IDPS providers ...

Financial planning

ASIC raises the bar on platform disclosures amid concern at increased platform use by investors not using a planner....

Financial planning

David Bradbury replaces Bill Shorten in Financial Services portfolio....

Superannuation

Independent planners have been squeezed out of tendering for corporate superannuation - or so it seems for now. ...

Financial planning

The legislation to enshrine the term ‘financial planner/adviser’ has failed to make it into the Senate but the FPA has not given up....

Policy & Regulation

The Federal Opposition has confirmed it will back any move by new Treasurer, Chris Bowen, to delay the implementation of FOFA....

Policy & Regulation

FSC chief John Brogden has written to the new Labor government asking for FOFA to be extended until 1 July, 2014....

Policy & Regulation

BT Advice has revealed how much in money and human resources it spent on FOFA preparations....

Financial planning

After much debate, FOFA is set to hit the beach in a matter of days on 1 July. D-Day is imminent – and a survival strategy for planners is now absolutely imperative, writ...

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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 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 5 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 1 day ago

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

2 days 11 hours ago