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FOFA
Financial planning
Financial planners have been told they are to lose the grandfathered remuneration status of super to pension transfers under FirstChoice....
Financial planning
The Federal Government has signaled that it has abandoned the regulatory changes to FOFA it pursued last year and that any amendments will be via bipartisan agreement. ...
Life/Risk
This may be the final week of negotiations over new life/risk remuneration before positions are taken to the Assistant Treasurer, Josh Frydenberg....
Financial planning
Consumers want advisers to be compliant but prefer advice focused on them and not on keeping the adviser out of trouble according to Centrepoint Alliance head, John de Zw...
People & Products
J.P. Morgan Asset Management names Rachel Farrell as Head of Sovereign and Institutional, Asia Pacific....
Tools & guides
Matthew Rowe writes that, broken down to its essence, the problems confronting the life/risk sector are about leadership, not professional advice....
Financial planning
ASIC facilitative approach to the FOFA changes will end on 1 July. ...
Editorial
The Senate Economics References Committee focus on financial advice is proving to be more about stage craft than pursuing substantial change....
Financial planning
The FSC has backed the need to restrict the use of the term ‘financial planner/adviser’ to those with the necessary education and competency to provide personal tier 1 ad...
Financial planning
The ANZ admitted its Prime Access advice failings before they were detected. ...
Superannuation
The Grattan Institute claims super fund members are paying around $6 billion to much in super administration and investment fees....
People & Products
Labor’s Bernie Ripoll has declared he will not contest his Queensland seat at the next Federal Election....
Financial planning
New survey reveals accountants are still undecided about the degree to which they will embrace the new licensing regime....
Financial planning
A wave of bad publicity has caused planners to lose their ‘social license’ and new approaches will be required, according to InFocus managing director, Rod Bristow....
Editorial
A clear agenda is being prosecuted aimed at forcing the Government to hold a Royal Commission into the Financial Planning industry but do those pursuing the issue have cl...
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MARKET INSIGHTS
Podcast
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...
So we are now underwriting criminal scams?...