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FOFA
Policy & Regulation
The finance industry has found itself in a similar situation to the financial planning industry around the Government's handling of new legislation....
Editorial
The recent announcement by Federal Treasurer Wayne Swan that he had convened a Superannuation Roundtable seems to thoroughly misunderstand the consequences that go with c...
Editorial
Although the process involving the upcoming FOFA reforms commenced a few years ago, the reforms package still looks like an unsolved jigsaw puzzle, writes Pam Roberts....
Policy & Regulation
The Coalition remains hopeful the PJC can deliver a bipartisan report on the FOFA bills, but stands ready to issue a dissenting report and to pursue amendments, particula...
Editorial
The financial services industry is slowly losing its recruitment drive as economic and regulatory uncertainties linger. However, while some find it difficult to grow, oth...
Editorial
It became apparent during the Parliamentary Joint Committee hearings held to review the Future of Financial Advice (FOFA) bills that the legislation requires significant ...
Editorial
An almost inevitable consequence of the Commonwealth Bank's acquisition of Count Financial is that some of Count's financial planners have signalled they feel uncomfortab...
Accounting
After months of negotiations, the Federal Government is likely to replace the so-called 'accountant's exemption' with a limited, non-product licensing regime....
Financial planning
The Financial Planning Association (FPA) has warned of the hypocrisy of allowing superannuation funds to bundle scaled financial advice costs into an over-arching adminis...
Financial planning
It is up to the financial planning industry to actively lift its standards regardless of what arises out of the FOFA legislation, according to Association of Financial Ad...
Policy & Regulation
The Opposition is demanding the Government reveal the costs and benefits of its FOFA legislation....
Financial planning
The Financial Planning Association (FPA) and Association of Financial Advisers (AFA) question the validity of research commissioned by a party with a vested interest....
Editorial
Mike Taylor reports that the likelihood of a bipartisan report and meaningful amendments emerging from the Parliamentary Joint Committee reviewing the FOFA bills is becom...
Financial planning
The Financial Planning Association (FPA) and Association of Financial Advisers (AFA) question the validity of research commissioned by a party with a vested interest....
Superannuation
Mercer has expressed concern that the Government has adopted a tranche approach to its Stronger Super legislation....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...