The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Financial Planning

FoFA freeze a consequence of pro-consumer campaign: Silk

BY LAURA MILLAN | MONDAY, 24 MAR 2014 5:45PM

AustralianSuper chief executive Ian Silk said that Senator Mathias Cormann's decision to freeze the Future of Financial Advice (FoFA) regulation is a consequence of "a surprisingly strong campaign" against "elements" that were pushing the legislation away from consumer interest.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

VIEW COMMENTS

Related News

►	MaxCap appoints chief executive
►	FEATURE \| Member engagement \| On the ball
►	ASIC boasts $830m record civil penalties
►	New 'high-risk' derivatives on the rise
►	FSCP bans adviser over client advice failures
►	Prime Value licence suspended over reporting failures
►	ASIC cancels AFSL of Australian Fiduciaries
►	Treasury expects regulators to do the heavy lifting
►	FAAA warns adviser levies could exceed $5k as ASIC costs climb
►	Another MWL adviser banned over Shield collapse

Editor's Choice

ASX to rejig corporate governance framework

KARREN VERGARA | 12:05PM

The ASX is looking to modernise eight core corporate governance principles, which include rejigging executive remuneration and board composition, to make them fit-for-purpose in the current environment in which ASX-listed entities operate in.

Rest calls for better alignment in default options

MATTHEW WAI | 12:38PM

Rest conducted a survey addressing concerns around the ambiguity of standardised investment options and product labels.

KPMG finds new chief executive

RIDDHIMA TALWANI | 12:36PM

The embattled consulting firm has named a new chief executive, choosing to promote from within after former chief executive Andrew Yates stepped down in June in the wake of the whistleblower scandal.

HSBC appoints structured finance chief

VINNY VUCAGO | 12:09PM

HSBC Australia and New Zealand have appointed a former Deutsche Bank executive as head of structured finance.

Videos

Brought to you by

Follow the leaders

Maintaining a fundamental focus in a world obsessed with the short term

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Product showcase: A guaranteed future

The market has changed. The opportunity hasn't.

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Strength amid noise

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE

Effie Dimitropoulos

Chief executive

AUDD

Digital assets and where they stand in 2026

So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.

READ MORE

Jessica Sclafani

Global retirement strategist

T. Rowe Price

Rethinking default design in a changing market environment

The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.

READ MORE

Industry Events

MORE INDUSTRY EVENTS

JUL

Advisers Big Day Out - Geelong

Featured Profile

MORE PROFILES

Blake Briggs

CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL

Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

READ MORE