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FOFA
Funds management
Major fund manager, Platinum Asset Management has called on the Royal Commission to further scrutinise platform shelf-space fees and problematic relationships between pla...
Financial planning
Going forward, financial planners must move to a model of radical transparency in order to retain clients and remain relevant....
Expert Analysis
Bernie Ripoll writes that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry may represent a once-in-a-lifetime opportuni...
Financial planning
The Australian Securities and Investments Commission has told the Productivity Commission that grandfathered commissions should be brought to an end as soon as possible....
Financial planning
The Financial Planning Association has repeated its call for a three-year phase-out of grandfathered commissions but has suggested solutions to ensure client benefit....
Financial planning
New data confirms that the loss of grandfathered commissions hardly compares with the impact of planners losing life/risk commissions....
Financial planning
Advisers are the victims not the villains where trailing commissions are concerned with product manufacturers and licensees much more to blame for today’s problems, accor...
Financial planning
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has been told that regulatory reform to financial planning is a work i...
Financial planning
The Consumer Action Law Centre has urged extending the Future of Financial Advice conflicted remuneration rules to the mortgage broking industry....
Financial planning
The existing financial planning dealer group model is under significant pressure and struggling to remain relevant, according to ClearView managing director, Simon Swanso...
Financial planning
The Productivity Commission chairman, Peter Harris, has claimed the Future of Financial Advice increased market concentration while suggesting planners should be allowed ...
Financial planning
The Association of Financial Advisers has called for clarity in the penalty regime covering financial planning in circumstances where it appears to have evolved to become...
Funds management
The Future of Financial Advice changes helped double the number of licensed investment companies but some are guilty of imposing higher base and performance fees, accord...
Funds management
The introduction of FOFA reforms and the ban on commissions from fund managers to advisers have spurred ETF growth....
Financial planning
The Financial Planning Association claims the FOFA general advice exemptions are being misused and with consumers being placed at risk the time has come for the carve-out...
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Podcast
How did the licensee not check this - they should be held to task over it. Obviously they are not making sure their sta...
Faking exams and falsifying results..... Too stupid to comment on JG...
Must agree to disagree with you on this one Keith, with the Banks/Institutions largely out of advice now is the time to ...