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Financial Planning

Government limits general advice exemption in FoFA amendments

The Future of Financial Advice (FoFA) amendments bill that was introduced into the Parliament yesterday has limited the general advice exemption, but does not explicitly forbid commissions.

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Read more: Financial AdviceFutureGovernmentParliament yesterdayFinancial PlanningAmendmentASICAustralian SecuritiesBill 2014Dante De GoriFinancial Planning AssociationFinancial StandardFoFAFPAFPA chief executive Mark RantallInvestments CommissionStreamliningTechnicallyTreasury