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Showing 61 - 70 of 744 results for "FoFA"

Industry Super Australia chief executive resigns

ALEX BURKE  |  FRIDAY, 13 APR 2018
... clean up the financial advice industry and provided the policy grunt for what would become the Future of Financial Advice (FoFA) laws. ISA then stopped these laws being watered down by the incoming Abbott Government, in the face of relentless lobbying ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... to consumers. The findings "merely rehashes" previous reports and research into the segment comprehensively addressed by FoFA, the Life Insurance Framework and more recently professional standards legislation, the AFA said. The PJC has fundamentally ...

General advice "misleading": Productivity Commission

JAMIE WILLIAMSON  |  WEDNESDAY, 7 FEB 2018
... they are also being offered a much narrower range of in-house products. With the exception of wealth management due to the FoFA reforms, the Commission said providers in product markets are using terms and conditions to shift liability to consumers. ...

Vertically integrated institutions failing to manage conflicts of interest

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2018
... in-house products. The regulator conceded that there were improvements in the practices of the licensees compared to its pre-FOFA surveillance work, though the findings suggest the licensees reviewed may not be appropriately managing the conflict of ...

2018 Financial Standard Investment Leadership Awards

JOHN DYALL  |  FRIDAY, 22 DEC 2017
... advisers becoming more sophisticated is a force just as powerful in that they are building sustainable businesses for the post-FOFA regulatory environment. They understand that clients are willing to pay only so much - and no more - for their services. ...

Fox joins Tribeca Financial board

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... Fox's leadership over his four-year tenure helped the industry traverse through a tumultuous period of reforms, including FoFA, MySuper, professional standards and the Life Insurance Framework. Fox is also part of ASIC's 18-member Financial Services ...

Industry associations merge

KARREN VERGARA  |  FRIDAY, 1 DEC 2017
... with include the SuperStream data standards, the Insurance in Superannuation Working Group and Future of Financial Advice (FoFA) reforms. "The opportunities to liaise directly with representatives of the regulators had also brought about improved understandings ...

PIMCO launches adviser education tool

ALEX BURKE  |  WEDNESDAY, 22 NOV 2017
... area of fixed income solutions," PIMCO explained. PIMCO head of Australia and New Zealand Adrian Stewart added: "In today's FoFA environment the pathway to longer term and deeper relationships is through education and PIMCO is uniquely able to provide ...

Advice the face of wealth management evolution

DARREN SNYDER  |  THURSDAY, 16 NOV 2017
... KPMG Australia partner and national sector leader for wealth management Paul Howes said there are unintended consequences of FoFA that has restricted the availability of advice in the country. He said robo-advisers and other service providers will find ...

Managed accounts platform doubles FUA

KARREN VERGARA  |  TUESDAY, 31 OCT 2017
... Bernasconi said growth was based on referrals only, with specific demand from advisers seeking a better way to manage their FoFA best interest obligations. WealthO2 aims to eradicate conflicts of interest and deliver advice more affordably, she said ...