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FUTURE OF FINANCIAL ADVICE

Financial planning

ASIC has acknowledged an Abbott Federal Government’s intended amendments to FOFA but will not be altering its approach until they become law....

Funds management

ETFs have hit record highs on inflows as advisers make them a central part of portfolio plays....

Financial planning

The major planning organisations expect the newly-elected Coalition Government to deliver on the promised changes to FOFA....

Editorial

The Industry Super Network appears to have positioned itself for life under a Coalition Government, but Mike Taylor questions whether recent history can be so readily for...

Financial planning

Seaview Consulting predicts financial planning practice values will remain in decline with supply outstripping demand....

Financial planning

Some sections of the financial planning industry do not have a full understanding of what research houses do and to what extent their ratings can be relied upon. ...

Funds management

Investors set to own platform via equity stakes deal....

Financial planning

The Commonwealth Bank has finished the last financial year with $7.6 billion in net profit after tax, and an earnings boost for its wealth management division. ...

Editorial

In a two-horse race at the forthcoming Federal Election, Mike Taylor writes that financial services companies are mainly backing self-interest. ...

Financial planning

Two large banks have told the PJC that they do not impose sales targets on their financial planners, but revenue targets and adviser bonus structures are still in place....

Financial planning

There are enough unknowns remaining in FOFA to create uncertainty for planners well into next year....

Financial planning

Planners who specialise in SMSF advice derive almost half of their revenue from this advice ...

Financial planning

The concept of trust in financial planning has reached a critical juncture, writes Geoff Rimmer, and only bold measures will restore it. ...

Financial planning

An independent expert will monitor the way PIS gives financial advice for the next nine months to ensure the group meets the standards set out in the Enforceable Undertak...

Financial planning

The distinction between wholesale and retail clients has been a fundamental part of the financial services laws since the 2004 Financial Services Reform legislation. Howe...

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