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Showing 91 - 100 of 120 results for "Financial Advice Reforms"

Industry body applauds move to define financial planners

MATT WOODINGTON  |  MONDAY, 29 AUG 2011
... Bill Shorten made the announcement as part of the first tranche of draft legislation on the future of financial advice reforms released today. While maintaining its opposition to opt-in, Rantall said that the FPA was happy with today's announcements ...

Count Financial profit surges on windfall float

ALISON BEVEGE  |  MONDAY, 29 AUG 2011
... term fundamentals are very strong." Speaking on Boardroom Radio, Gale also talked about the Future of Financial Advice reforms, saying the scaled advice reforms were a positive for the company and was an area in which they would look to support their ...

Adviser fee structures hit the spotlight

ALISON BEVEGE  |  THURSDAY, 28 JUL 2011
... about the change, which had passed largely unnoticed by the planning community. As part of the Future of Financial Advice reforms, percentage-based fees can only be charged on ungeared investments. Even if the geared component makes up only part of the ...

Super Choice did not change super habits

ALISON BEVEGE  |  WEDNESDAY, 27 JUL 2011
... Australians regarding their superannuation, it remains to be seen if the proposed changes under the Future of Financial Advice reforms will have any fundamental impact either," the report said. Earlier this month retail superannuation funds including ...

Minister faces down advisers over opt-in, risk

ALISON BEVEGE  |  TUESDAY, 28 JUN 2011
... Services Minister Bill Shorten yesterday faced financial advisers upset over two planks of the Future of Financial Advice reforms, answering questions but firmly rejecting criticisms. The tension was palpable at the Association of Financial Advisers ...

Bendigo Wealth expands, restructures with seven senior appointments

ALISON BEVEGE  |  FRIDAY, 24 JUN 2011
Bendigo Wealth has restructured to prepare for the future of financial advice reforms with a raft of new appointments and new products on the way. The wealth management arm of the Bendigo and Adelaide Bank, officially launched in April, has taken a ...

CommInsure hires AMP manager to strengthen retail advice

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
... sector, "With the proposed changes to the retail life insurance industry, as a part of the Future of Financial Advice reforms, it is imperative that we focus closely on the strategies required and capitalise on the opportunities that present themselves," ...

Financial PDS' 'Shortened'

RACHEL DAVIS  |  THURSDAY, 9 JUN 2011
... cutting down admin costs for business. "The simplified PDS changes complement the Government's Future of Financial Advice reforms, which will improve the quality of financial advice provided to Australian investors," Shorten said. Importantly, platforms ...

Planners risk trouble opposing FOFA

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
... Financial planners are shooting themselves in the foot by seeking to sink key elements of the Future of Financial Advice reforms, the Industry Super Fund Network has said. Industry Super Fund Network chief executive David Whiteley said the financial ...

Planners react badly to FOFA

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
Financial planners have reacted in fear to the Future of Financial Advice reforms, anticipating less pay for more work - and would pass costs on to clients, research firm CoreData has found. The independent research canvassed the views of 358 advisers ...