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Showing 101 - 110 of 167 results for "Fee disclosure"

FoFA reforms put professional standards at risk: Ripoll

LAURA MILLAN  |  THURSDAY, 30 JAN 2014
... legislation for consultation. The key amendments included removing the opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration ...

Government releases FoFA draft legislation

ALICE URIBE  |  WEDNESDAY, 29 JAN 2014
... announcement on 20 December 2013. The key amendments include removing the opt-in requirement, streamlining the annual fee disclosure requirements, amending the best interest duty to allow for scaled advice, exempting general advice from conflicted remuneration ...

FPA condemns FoFA fear mongers

JAMES FERNYHOUGH  |  FRIDAY, 17 JAN 2014
... notable reprieves for financial planners, including the removal of the opt-in requirement and the streamlining of fee disclosure statements. "We have seen a predictable reaction to these amendments from sectors of the superannuation product industry ...

Government releases FoFA amendments

LAURA MILLAN  |  FRIDAY, 20 DEC 2013
... Financial Advice (FoFA) legislation, which include the removal of the opt-in requirement and the streamlining of fee disclosure statements. The amendments are in line with the proposal that the Coalition released during the September 2013 federal election ...

FPA to lobby against FoFA redundancy

LAURA MILLAN  |  THURSDAY, 5 DEC 2013
... legislation. "Opt-in is redundant in a fee-for-service world where advisers have a best interest duty and where fee disclosure statements are required," FPA chief executive Mark Rantall said. "To add that additional piece of red tape on advisers is inappropriate ...

Advisers battle to reconnect with disengaged clients

LAURA MILLAN  |  MONDAY, 4 NOV 2013
... to threaten advisers' relationship with their disengaged clients. "Advisers will be sending disengaged clients a fee disclosure statement saying how much the client has paid on fees," Egger said. "If you are an adviser and you haven't seen those clients ...

COIN updated software focuses on scaled advice

LAURA MILLAN  |  FRIDAY, 11 OCT 2013
... compliance. "COIN 4.2 will provide advisers with the flexibility and clarity required to manage FOFA, including enhanced fee disclosure," Wilson said. "The aim is to make FOFA as painless as possible for advisers. There is greater flexibility around ...

New adviser service speeds up dealer group creation

LAURA MILLAN  |  MONDAY, 30 SEP 2013
... requirements." The service also offers low PI excess and costs, independent research, ongoing CPD offering, commission with Fee Disclosure Statement capabilities and strategy focused PD days. "The My Dealer Service - Libertas AFSL facility has been developed ...

Investor confidence drives advice growth

LAURA MILLAN  |  WEDNESDAY, 21 AUG 2013
... (FoFA) reforms. Advisers said that the top five challenges relate to administering client opt-ins, administering fee disclosure requirements, and the compliance burden arising from FoFA. "In previous years' studies planners were more concerned about ...

FoFA FDS uncertainty remains

LAURA MILLAN  |  MONDAY, 12 AUG 2013
... needs more changes to eliminate grey areas, but any modifications will have to be legislated to be meaningful. Fee disclosure statements (FDS) are one of the main issues of concern for financial advisers, the Financial Planning Association (FPA) manager ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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