FOFA

Editorial

Have platforms reached their use-by date?

Many advisers feel it’s time the investment train pulled away from the platform, but what sort of ride are they in for? Benjamin Levy reports....

Editorial

Advisers turn to platforms for FOFA compliance

As it has become clearer how much capability is needed to comply with the FOFA reforms, advisers have turned to platforms to do most of heavy lifting. ...

Editorial

Growing on merit – not by compulsion

An important statistical snippet came to light during the hearings into legally enshrining the terms ‘financial planner/adviser’ – nearly 50 per cent of planners/advisers...

Policy & Regulation

CFS platforms undergo FOFA revamp

Colonial First State has introduced an FDS capability and completely removed conflicted remuneration from its platforms ahead of the looming FOFA deadline....

Financial planning

Fee disclosure requirements problematic

Warning that FOFA fee disclosure requirements will create more problems than they fix....

Editorial

Labor leaving a messy legislative legacy

With the Federal Budget, end of financial year and Federal Election looming, the financial planning industry is still facing a number of critical legislative loose ends. ...

Financial planning

AFA planning 'consumer-centric' conference

The Association of Financial Advisers (AFA) has signaled it is devising a "consumer-centric" program for its October national conference on the Gold Coast....

Funds management

Investment firm slams ASIC’s MDA approach

ASIC’s review of MDA guidance has major flaws, according to Bailey Roberts Group....

Financial planning

Planners' technical abilities in doubt

Clients of financial planners are questioning their advisers' technical abilities while still seeing them as trustworthy and reliable....

Financial planning

Colonial First State relaunches regulatory website

Colonial First State has relaunched its regulatory reforms website for financial advisers to cope with post-FOFA environment. ...

Financial planning

Practices for sale hit historic lows

Planners hold back on selling up while demand continues for acquisition ...

Editorial

Tax Agent Services Act: financial planners still in the dark

Financial planners are going to be fundamentally affected by the Tax Agent Services Act but, as Cecilia Storniolo explains, there will be many unanswered questions almost...

Financial planning

Unilateral changes alienating planners

A lack of consultation around change within dealer groups risks alienating financial planners. ...

Superannuation

Rogue property advisers turn their sights on SMSFs

SMSFs may be booming - but the unwary can also find themselves within the sights of a small number of dodgy property advisers and mortgage brokers, writes Damon Taylor. ...

Financial planning

Current markets an opportunity for advisers

Now that client sentiment is changing for the better, advisers have a real opportunity to show off their portfolio construction skills, according to Damen Purcell, head o...